NY Resort Owners Charged With $96 Million Ponzi Fraud - Bloomberg

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHaAyS-QuEGH_hUQQfAkZ6vrL3eUQamp;url=http://www.examiner.com/article/feds-old-westbury-men-charged-securities-fraud-caseimg src=//t3.gstatic.com/images?q=tbn:ANd9GcQ6M3crf7KgHYoD5N8iwgiwhB6hsxtif 2O_kD5IkhmmRpi47-5tn5tJvmB2 alt= border=1 width=80 height=80 /br /font size=-2Examiner.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGMsLsce8bxH273akFiWl x9jJjqoQamp;url=http://www.bloomberg.com/news/2013-08-01/n-y-resort-owners-charged-with-96-million-ponzi-fraud.htmlbNY Resort Owners Charged With $96 Million Ponzi bFraud/b/b/abr /font size=-1bfont color=#6f6f6fBloomberg/font/b/fontbr /font size=-1Both are charged with conspiracy to commit securities bfraud/b, conspiracy to commit wire bfraud/b, securities bfraud/b and wire bfraud/b. Callahan is also charged with aggravated identity theft. They face a maximum of 20 years in prison if convicted of securities b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHaAyS-QuEGH_hUQQfAkZ6vrL3eUQamp;url=http://www.examiner.com/article/feds-old-westbury-men-charged-securities-fraud-caseFeds: Old Westbury men charged in securities bfraud/b case/afont size=-1 color=#6f6f6fnobrExaminer.com/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dNWUYFl9m3cOvVM7vCmOUdpZZhquMamp;ned=en_z anobrball 14 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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