Nytimes_logo_1.gif (1794 bytes) @wehaitians.com  arrow.gif (824 bytes) No one writes to the tyrants  arrow.gif (824 bytes) HistoryHeads/Not Just Fade Away
News & Analysis This Month ... Only our journal brings you hours of fine reporting and research.
Correspond with us, including our executive editor, professor Yves A. Isidor, via electronic mail:
letters@wehaitians.com; by way of a telephone: 617-852-7672.
Want to send this page or a link to a friend? Click on mail at the top of this window.

news_ana_1_logo.gif (12092 bytes)

 journal.gif (11201 bytes)
Organization for Economic Co-operation and Development (O.E.C.D.)

bluebullet.gif (326 bytes)Must learnedly read, too; in part, of intellectual rigor

bluebullet.gif (326 bytes)Wehaitians.com, waiting for your invaluable financial assistance blue_sign_1.gif (84 bytes)Reference Search 

       
Posted Monday, November 23, 2009
         
Florida man enters a plea of guilty after defrauding Haitians of a sum that surpasses $14 million
          
By The Associated Press
            
WEST PALM BEACH, Fla. - A Florida man accused of running a Ponzi scheme that scammed more than $14 million from Haitian-American investors has pleaded guilty.

Brian Taglieri pleaded guilty last week to conspiring to commit securities fraud. He is set for sentencing in federal court on Jan. 29.

The 49-year-old faces up to five years in prison and a $250,000 fine. He has agreed to reimburse hundreds of investors. Two other suspects also are charged in the scheme.

Authorities say the men bilked investors of $14.3 million in 2008 from their Delray Beach offices, promising to double their clients' money every 90 days through their HomePals Investment Club.

Authorities say the men raised most of their money through as many as 64 Haitian-American investment clubs.

Information from: The Palm Beach Post, http://www.pbpost.com

Copyright © 2009 The Associated Press
Wehaitians.com, the scholarly journal of democracy and human rights
More from wehaitians.com
Main / Columns / Books And Arts / Miscellaneous