N.Y. U.S. Attorney: Indonesian National Pleads Guilty to International Ponzi Scheme That Defrauded Indonesian and Indo-American Community
July 23, 2024
July 23, 2024
BROOKLYN, New York, July 23 -- The office of the U.S. Attorney for the Eastern District of New York issued the following news release:
Earlier today, in federal court in Brooklyn, Francius Marganda, an Indonesian national, pleaded guilty to securities fraud in connection with a $23 million Ponzi scheme that defrauded hundreds of predominantly Indonesian and Indo-American victim investors. The plea proceeding took place before United States Magistrate Judge Marcia M. Henry. As part o . . .
Earlier today, in federal court in Brooklyn, Francius Marganda, an Indonesian national, pleaded guilty to securities fraud in connection with a $23 million Ponzi scheme that defrauded hundreds of predominantly Indonesian and Indo-American victim investors. The plea proceeding took place before United States Magistrate Judge Marcia M. Henry. As part o . . .