iGamingWire
TechnologyGamblingNews · 4h ago

NJ Man Stole $47M from Nearly 100 Victims to Fund His Gambling Habit

By Jerome GarcíaAugust 17, 2026

The brief

A New Jersey man has pleaded guilty to defrauding nearly 100 victims of more than $47 million in what has been seen as a major Ponzi scheme that saw the man purport that he would invest the money, only to end up spending it on his gambling habit. Man Pleads Guilty as His Ponzi Scheme […]

Original report

GamblingNews

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