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Virginia Ponzi Schemer Who Bilked Investors Out Of $15M Learns His Fate: Feds
A Loudoun County man who bilked investors from up and down the East Coast out of millions of dollars will spend years behind bars.
Aldie resident Babu Ramaraj, 47, who owned DAB Inspection and Consulting Services, a small home contractor with modest revenues doing patio and deck projects, was sentenced to more than seven years in prison for causing upwards of $15 million in losses, federal authorities announced.
His victims were primarily in Virginia, Maryland, North Carolina, New Jersey, and Missouri.
According to court documents, Ramaraj claimed to investors and potential …
Nationwide Meat Recall Expands To 11.7M Pounds: Products Sold At Major Supermarkets
A nationwide recall of meat and poultry products over fears they may be contaminated with Listeria has been expanded to include 11,765,285 pounds.
The initial recall involving the manufacturer, Bruce Pac, was for 9,986,245 pounds of ready-to-eat (RTE) products sold at Walmart, Target, Amazon, Trader Joe's, 7-Eleven, Aldi, and other stores. It was announced on Wednesday, Oct. 9.
Late Tuesday night, Oct. 15, the US Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced 1.8 million pounds of new products have been added to the recall.
Info on …
