REFinBlog

Editor: David Reiss
Brooklyn Law School

August 7, 2017

Monday’s Adjudication Roundup

By Jamila Moore

  • An Ohio Businesswoman pled guilty to her role in a $70 million Ponzi scheme. Connie Apostelos worked with her husband to defraud over 400 victims. Apostelos plead guilty to money laundering which caused investigators to lose over $20 million in funds. The couple used the money for personal luxuries rather than future investments.
  • New Jersey’s Department of Environmental Protection previously approved the building of an apartment complex in a unique wetlands region. A New Jersey Appellate panel upheld the agency’s choice to approve the development citing the agency’s review of the project as sound and thorough.
| Permalink

Post a comment

Your email address will not be published. Required fields are marked *