Real Estate News
--> Michigan News
Q&A: Skincare detoured Anthony Sosnick on his road to success
New York When Anthony Sosnick was a real estate developer at the turn of the millennium ... Anthony Logistics for Men in 2000 out of his home in Bloomfield Hills, Michigan. The business eventually morphed into Anthony Brands, which now has five skincare ...
Get breaking news alerts from Newsday
Turn on notifications?
Desktop notifications are on | Turn off
You might be using private browsing or have notifications blocked Please enable notifications or using normal browsing mode.
Things to do
Data and maps
Things to Do
Food and Drink
Top 100 Restaurants
Fashion and Shopping
Home and Garden
Nation and World
State and Region
Letters to the editor
Submit your letter
MANAGE MY SUBSCRIPTION
We can’t find a newsday subscription associated with this login information.
You can use either an Optimum or Newsday login by clicking the ‘Connect Account’ button and verifying your subscription information.
CONNECT ACCOUNT SUBSCRIBE
Newsday's 2018 baseball preview How LI political connections helped Oheka's owner thrive One man's rise shines light on LI's corrosive system What hospitals offer expecting parents
7 charged in alleged securities and mortgage scam
By The Associated Press
November 20, 2009 12:02 PM
RIVERSIDE, Calif- RIVERSIDE, Calif(AP) — State and federal prosecutors have charged seven people in an alleged securities scam that cheated dozens of people out of $17 million.
The Riverside County district attorney's office said Thursday that James Duncan, who called himself "the Cash King" in online videos, and Hendrix Montecastro each face 249 counts, including grand theftFive others were also charged and arrested.
Prosecutors say they used investment seminars, Internet ads and word of mouth to lure at least 75 people to invest in a series of shell companies.
A civil lawsuit also alleges they bought homes on behalf of investors, refinanced them based on inflated appraisals and took commissions.
The U.SAttorney plans to file a separate complaint alleging mortgage fraud with losses of about $125 million.
Get the Biz Briefing newsletter!
The latest LI business news in your inbox Monday through Friday
By The Associated Press
Share on Facebook
Share on Twitter
Comments section is temporarily on holdHere’s why.
Village considers closing seasonal post office French bakery opens first LI location Rangers fire Vigneault after disappointing season Village: Development needs 3 more parking spaces Officials: 1 killed in fire at Trump Tower
Village: Development needs 3 more parking spaces
Curran’s first 100 days: Focus on deficits
French bakery opens first LI location
LI street renamed for 2015 limo crash victims
State budget has funding for LI concerns
Vets advocates fear privatization amid shakeup
Manage my Newsday
am New York
High school sports
Things to Do
Terms of service |
Subscription terms |
Your ad choices |
Contact Newsday |
Reprints & permissions |
Advertise with Newsday |
Trending Michigan News:
Tilt from Tax Cutting to Corporate Welfare Renews Failed Approach to Economic Growth
$3.2M luxury home along Lake Michigan offers 'turn-key' elegance
Medical Practice to Open 12,180 SF Office in Grand Rapids, Michigan
Friedman Real Estate sells 40,000-square-foot retail center in Detroit
Indiana, Michigan groups participating in inaugural parade
Michigan sues Flint after council refuses to OK water deal
Michigan's green industry is growing
Pontiac, MI Homes For Sale & Real Estate
Police seek info on suspicious metro Detroit fires
GVSU economist predicts slower growth for upcoming year
Ohio firm eyes major steel plant in Michigan to serve automakers
FOURMIDABLE Designated as Management Company of 259-unit multi-family property in Auburn Hills, Michigan
Urban Real Estate Brings Magnificent Mile Luxury Condo With Lakefront Views To Market
What Next As DICK'S Store On Hold?
How to adopt a pet for free through the Michigan Humane Society
Ex-Bear Brandon Marshall re-lists spacious Michigan Avenue penthouse for $5M
Bargain lakefront homes in Up North Michigan
Former flight attendant sues Michigan billionaire Alfred Taubman for $29 million
Symposium on St. Clair River: As health of the waterway improves, a blue economy emerges
OFS hosts event for prospective foster parents