Jurors find Broward exec guilty in $50 million ‘Ponzi scheme’ …
Latest News. Stock Market. Originals. The Morning Brief. ... Jurors find Broward exec guilty in $50 million ‘Ponzi scheme’ targeting Haitians. ... When Sanjay Singh, a former pilot and flight ...
Over-the-road Ponzi scheme? Coral Springs trucking company …
Jun 23, 2023 · According to a U.S. Department of Justice news release, Sanjay Singh, 43, the owner of Royal Bengal Logistics, Inc., along with a series of unnamed co-conspirators, started scamming investors...
SEC Charges Florida Resident for Operating $112 Million Ponzi …
The Securities and Exchange Commission today announced charges against Broward County, Florida resident Sanjay Singh and his trucking and logistics company, Royal Bengal Logistics Inc., with fraudulently raising approximately $112 million from as many as 1,500 investors through an unregistered securities offering that primarily targeted Haitian ...
Florida's Royal Bengal Logistics' alleged $112M Ponzi scheme
Jun 27, 2023 · Broward County, Florida, resident Sanjay Singh and his trucking and logistics company, Royal Bengal Logistics Inc., raised the funds from as many as 1,500 investors through an unregistered...
Updated: SEC charges Broward business owner in alleged $112 …
Jun 27, 2023 · The court indictment alleges that Singh violated federal laws criminalizing conspiracy to commit wire fraud, wire fraud, and engaging in transactions in unlawful proceeds.
Ponzi scheme raised over $100 million, feds say - Sun Sentinel
Jun 23, 2023 · Singh, 43, was charged earlier this month with conspiracy to commit wire fraud, several counts of wire fraud and engaging in transactions in unlawful proceeds. The fraudulent scheme began in...
Jurors find Broward executive guilty in $53 million ‘Ponzi scheme ...
6 days ago · In Fort Lauderdale federal court, a dozen jurors deliberated for just over an hour on Wednesday afternoon and found Singh guilty of conspiracy, wire fraud and money laundering. At his sentencing in February, Singh faces a prison term in the 20-year range.
Ponzi-like scheme scammed millions from South Florida …
Jul 3, 2023 · Federal authorities recently filed a criminal indictment and a civil complaint against the Coral Springs owner, Sanjay Singh, and his company, Royal Bengal Logistics Inc., alleging a conspiracy...
Coral Springs man charged in $100 million ponzi scheme
Jun 26, 2023 · The indictment, which was unsealed on Monday, accuses Sanjay Singh of violating federal laws that criminalize conspiracy to commit wire fraud, wire fraud, and engaging in transactions involving...
FEDS: Coral Springs Man Charged In $100M Ponzi Scheme
Jun 26, 2023 · Sanjay Singh, 43, of Coral Springs, Florida, has been charged in South Florida federal court with orchestrating a $100 million investment fraud (Ponzi) scheme run through his over-the-road...