Nevada and Wisconsin Men Convicted in $10 Million Fraud Scheme

Posted on December 29th, 2015 at 1:53 PM
Nevada and Wisconsin Men Convicted in $10 Million Fraud Scheme

From the Desk of Jim Eccleston at Eccleston Law LLC:

Two men have been found guilty in a $10 million investment fraud case. Anthony Brandel of Las Vegas and James Warras of Waterford, Wisconsin were convicted by a federal jury of conspiracy, wire fraud and securities fraud.

In the fraud scheme the two worked with a Swiss company, Malom Group AG (Malom an abbreviation for Make A Lot of Money). The team asked investors for up-front payment to access investment opportunities and to make cash loans for a profit. They were accused of forging bank documents to deceive investors, which included a sworn affidavit from Warras.

Sentencing is scheduled in March. Neither of the men could be reached for comment.

The attorneys of Eccleston Law LLC represent investors and advisers nationwide in securities and employment matters. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today. 

 

Related Attorneys: James J. Eccleston

Tags: Eccleston, Eccleston Law, Eccleston Law LLC, James Eccleston, Malom Group AG

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