N.Y. U.S. Attorney: Former Wall Street Trader Pleads Guilty to Running Ponzi Scheme
October 09, 2019
October 09, 2019
NEW YORK, Oct. 9 -- The U.S. Attorney for the Southern District of New York, Geoffrey S. Berman, issued the following news release:
Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced today that PAUL A. RINFRET pled guilty to participating in a Ponzi scheme in which he obtained approximately $19 million in total from victims through a variety of lies and misrepresentations. RINFRET pled guilty to one count of wire fraud and one count of se . . .
Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced today that PAUL A. RINFRET pled guilty to participating in a Ponzi scheme in which he obtained approximately $19 million in total from victims through a variety of lies and misrepresentations. RINFRET pled guilty to one count of wire fraud and one count of se . . .