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N.Y. U.S. Attorney: ValueWise CEO Michael Mann Pleads Guilty to $100 Million Fraud
August 13, 2020
ALBANY, New York, Aug. 13 -- The U.S. Attorney for the Northern District of New York, Grant C. Jaquith, issued the following news release on Aug. 12:

Michael T. Mann, age 50, of Saratoga County, New York, pled guilty today to orchestrating a years-long fraud that caused more than $100 million in losses to banks, financing companies, and other businesses.

The announcement was made by United States Attorney Grant C. Jaquith and Thomas F. Relford, Special Agent in Charge o . . .

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