Attorney Pleads Guilty in $19 Million Real Estate Ponzi Scheme
Key Points:
- 44-year-old New York attorney pleads guilty to charges related to a $19 million real estate Ponzi scheme
- Robert Wisnicki also pleaded guilty to conspiracy to commit money laundering
- Used his law firms, Wisnicki & Associates LLP and Wisnicki Neuhauser LLP, to attract investors
- Investors were lured into purchasing real estate with promises of high returns
Summary:
A New York-based attorney, Robert Wisnicki, aged 44, has recently pleaded guilty to charges arising from a $19 million real estate Ponzi scheme. In addition to this, Wisnicki also admitted to conspiracy to commit money laundering. He used his law firms, Wisnicki & Associates LLP and Wisnicki Neuhauser LLP, to entice investors into buying real estate with the promise of high returns.
Hot Take:
It’s disheartening to see professionals, especially attorneys, engaging in such fraudulent activities. This case serves as a reminder to always be cautious when investing in real estate and to thoroughly research the individuals and firms involved. If you or someone you know has been a victim of a similar scheme, it’s crucial to seek legal assistance from a reputable law firm to help navigate the complex process of recovering your losses.
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