ICYMI: Former LI Broker, Partner Charged In IPO Fraud Scheme: DA

Glen Cove NY

01 May, 2021

3:00 PM

Description

In a story from earlier in the week, Nassau County District Attorney Madeline Singas says a former Long Island investment broker, who has been previously barred from trading, and his business partner have been charged in an IPO fraud scheme for bilking $400,000 from investors who believed they were buying pre-initial public offering stock in high-profile companies like Peloton, Airbnb, and WeWork. Barred LI Investment Broker, Partner Charged In Fraud Scheme: DA GLEN COVE, NY — A barred investment broker from Long island and his business partner are accused of stealing over $400,000 from investors who believed they were buying pre-initial public offering... Read more