Verne is accused of defrauding David Adelman, Michael Rubin, and other prominent Main Line friends and neighbors.
Josh Verne arrives at the James A. Byrne United States Courthouse in Philadelphia on Thursday. He pleaded not guilty to federal fraud charges. The government says he used part of the $31 million he raised for start-up businesses from friends, neighbors and prominent Gladwyne neighbors on personal expenses.Josh S.
“I’m working on getting employment,” Verne told the judge. Verne’s bail agreement prevents him from selling financial assets or having access to records of other people’s money. Maiatico, while not recommending Verne be sent to jail pending trial, noted that Verne recently took a long trip to Israel and is considered a flight risk.
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