Horshoe Scam leader sentenced

Posted on January 16, 2011 • Filed under: Financial Scam, New Jersey, Securities Fraud

A New Jersey man who took in $US1.7 million from investors for a therapeutic horseshoe venture has been jailed for nine years for fraud. Samuel Serritella told some investors in his vision that a Dubai prince was among his clients and that the shoes, which would include a cushioning layer of rubber, would be used by Olympic riders. Read Article

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