Fla. U.S. Attorney: Mastermind of $1.3 Billion Investment Fraud (Ponzi) Scheme Pleads Guilty to Conspiracy and Tax Evasion Charges
August 08, 2019
August 08, 2019
MIAMI, Florida, Aug. 8 -- The U.S. Attorney for the Southern District of Florida, Ariana Fajardo Orshan, issued the following news release:
On August 7, 2019, Sherman Oaks, California native, Robert Shapiro, 61, pled guilty to orchestrating and leading a massive investment fraud scheme, in which more than 7,000 victims suffered financial losses, as well as tax evasion, in violation of 18 U.S.C. Sec. 1349 and 26 U.S.C. Sec. 7201. Shapiro is the former owner, president, and CEO of Woo . . .
On August 7, 2019, Sherman Oaks, California native, Robert Shapiro, 61, pled guilty to orchestrating and leading a massive investment fraud scheme, in which more than 7,000 victims suffered financial losses, as well as tax evasion, in violation of 18 U.S.C. Sec. 1349 and 26 U.S.C. Sec. 7201. Shapiro is the former owner, president, and CEO of Woo . . .