Accused Broker in NY Ponzi Scheme Stays in Jail

A federal judge has ruled that the owner of a New York investment firm accused of running a $370 ...  More »

A federal judge has ruled that the owner of a New York investment firm accused of running a $370 million Ponzi scheme is entitled to bail. But he says a defense offer of a $750,000 bond, for Nicholas Cosmo, is inadequate. (Jan. 29)  « Less