Ohio business owner indicted over retirement funds and investment allegations
The Justice Department says the charges involve employee retirement contributions, client investments and identities used to obtain a home loan.
- The department says the alleged schemes mainly affected victims in Greater Cleveland.
The allegations concern employees’ retirement savings and client investments, but the indictment’s claims are not findings of guilt.
A little more context
The U.S. Department of Justice announced that an Ohio business owner was indicted on charges involving alleged embezzlement of employee retirement contributions, client investments and the use of others’ identities to obtain a home loan. The department also describes the allegations as involving Ponzi and mortgage fraud schemes. These are allegations, not established findings.
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Ohio business owner indicted over retirement funds and investment allegationsUS Department of Justice
The Justice Department says the charges involve employee retirement contributions, client investments and identities used to obtain a home loan.US Department of Justice
The department says the alleged schemes mainly affected victims in Greater Cleveland.US Department of Justice
The allegations concern employees’ retirement savings and client investments, but the indictment’s claims are not findings of guilt.US Department of Justice
The U.S. Department of Justice announced that an Ohio business owner was indicted on charges involving alleged embezzlement of employee retirement contributions, client investments and the use of others’ identities to obtain a home loan.US Department of Justice
The department also describes the allegations as involving Ponzi and mortgage fraud schemes.US Department of Justice
These are allegations, not established findings.US Department of Justice