New Jersey Investment Manager Charged in Ponzi Scheme

Vincent Falci, an investment manager from Middletown, New Jersey was charged Friday with wire fraud and securities fraud. He allegedly ran a ponzi scheme and stole $5.3 million from investors. Falci put investor money into risky ventures such as day trading and real estate. He also allegedly stole $500,000 for himself and family members. He also admitted to the New Jersey Bureau of Securities in September 2015 that he misled investors by paying himself and his family more than $1 million from 2006 until 2009. Please call our Chicago-based securities law firm today if you invested money with Vincent Falci. We may be able to help you recover your investment losses on a contingency fee basis.

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