Brighton man accused of 50 Million dollar Ponzi scheme arrested in New York
May 10, 2011
Total Loss:
$50 Million
John Bravata, accused of fleecing 440 investors in a $50-million Michigan-based real estate Ponzi scheme, will be returned to Michigan in handcuffs to face criminal charges, authorities said Friday.
They said Bravata, 43, of Brighton, who is accused of operating one of Michigan's largest investment scams, was arrested at John F. Kennedy International Airport in New York City on Thursday after getting...
Source:
Livingston Daily
Posted in:
Collusive Networks