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View Full Version : "Mini-Madoff" gets 25 years for $400 million Ponzi fraud - Reuters



FraudNews
10-14-2011, 07:10 PM
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Long Island Business News (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH9U2RwdSdwJ0ok8QbXEtsuNNpY5Q&url=http://libn.com/2011/10/14/cosmo-sentenced-to-25-years-in-li-ponzi-scheme/)


"Mini-Madoff" gets 25 years for $400 million Ponzi fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHCUNkpFxqnNgvalb1karHIcMdlcw&url=http://www.reuters.com/article/2011/10/14/us-newyork-cosmosentence-idUSTRE79D56Q20111014)
Reuters
Cosmo pleaded guilty in October 2010 to federal mail and wire fraud charges. Under federal sentencing guidelines he faced up to 40 years in prison. In contrast to many of Madoff's victims, who were well-off Manhattan residents, charities and companies, ...
Investment Manager Gets 25-Year Sentence in Ponzi Scheme (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEPT_zYpSVWb8ZklvhMp0juqEq-HQ&url=http://online.wsj.com/article/SB10001424052970203914304576631201893191320.html)W all Street Journal
NY swindler called 'mini-Madoff' gets 25 years (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFOVvfYFEQVujINaDM9eD9MU82BEw&url=http://www.crainsnewyork.com/article/20111014/FINANCE/111019911)Crain's New York Business
Cosmo sentenced to 25 years in LI Ponzi scheme (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH9U2RwdSdwJ0ok8QbXEtsuNNpY5Q&url=http://libn.com/2011/10/14/cosmo-sentenced-to-25-years-in-li-ponzi-scheme/)Long Island Business News
Indianapolis Star (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHgECCKrzBXYMR0iKAGVcKzZwzo3A&url=http://www.indystar.com/usatoday/article/37685849?odyssey%3Dmod%257Cnewswell%257Ctext%257CB usiness%257Cs)
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