Ex-1 Global Chair Used Investor Money For Himself, Feds Say

By Lauren Berg ( July 26, 2023, 11:37 PM EDT) -- The former chair of 1 Global Capital LLC was indicted on charges that he orchestrated a sprawling fraud scheme in which he allegedly used investors' money to go on vacations, make mortgage payments and pay for his wife's luxury car, the U.S. Department of Justice announced Wednesday....

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