NJ Real Estate Fund Executive Cops To $658M Ponzi Scheme

By Dorothy Atkins · February 27, 2024, 9:29 PM EST

The CEO of a Garden State real estate investment fund pled guilty in New Jersey federal court on Tuesday to defrauding more than 2,000 investors through a $658 million Ponzi scheme,...

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Case Information

Case Title

SECURITIES AND EXCHANGE COMMISSION v. SALZANO

Case Number

Court

New Jersey

Nature of Suit

Securities/Commodities

Date Filed

June 07, 2021

Case Title

USA v. SALZANO et al

Case Number

Court

New Jersey

Nature of Suit

Date Filed

October 12, 2022

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