Justice Dept.: Man Pleads Guilty to $55M Investment Fraud Scheme
February 25, 2023
February 25, 2023
WASHINGTON, Feb. 25 -- The U.S. Department of Justice issued the following news release on Feb. 23, 2023:
A Florida man pleaded guilty today to orchestrating an investment fraud scheme that defrauded more than 10,000 victims of over $55 million.
According to court documents, Michael Glaspie, 72, of Palm City, marketed an investment opportunity under the name "CoinDeal" or "Coin Deal." Glaspie claimed that CoinDeal would yield extremely high returns o . . .
A Florida man pleaded guilty today to orchestrating an investment fraud scheme that defrauded more than 10,000 victims of over $55 million.
According to court documents, Michael Glaspie, 72, of Palm City, marketed an investment opportunity under the name "CoinDeal" or "Coin Deal." Glaspie claimed that CoinDeal would yield extremely high returns o . . .