REFILE-Two ex-New York investment firm employees convicted in Ponzi fraud

April 22, 2015 12:06 AM

59 0

NEW YORK, April 21 (Reuters) - Two former employees of a New York investment firm were found guilty on Tuesday of helping to run a Ponzi scheme that bilked around 3,800 investors out of about $147 million, authorities said.

Diane Kaylor and Jason Keryc, former employees of Long Island-based Agape World Inc, were convicted by a federal jury in Central Islip, New York, of charges that included securities fraud, conspiracy and mail fraud, according to a statement from U.S. Attorney's Office for the Eastern District of New...

Read more

To category page