Carl R. Ruderman, 82, used millions in funds from investors of his commercial lending company 1 Global Capital LLC to fund his lavish lifestyle. He plead guilty to the $250 million scheme on Thursd…
Trump Organization weighed boosting former president’s net worth with ‘presidential premium’: testimonyTrump could be back in NYC court next week as civil fraud trial against him continues
The Florida businessman admitted to spending millions in investors’ money to cover his own credit card and mortgage payments, personal vacations, costs for his Mercedes-Benz and nannies for his children, according to the Southern District of Florida Attorney’s Office.— pleaded guilty Thursday in federal court in Miami. Court records show sentencing is set for Jan. 3, and he faces up to five years in prison and forfeiture of more than $250 million.Carl R.
Ruderman pleaded guilty to conspiracy to commit securities fraud on Thursday, and was sentenced to five years behind bars.
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