terminally ill

Kevorkian Scheme: RI Man Gets Six Years for Investment Fraud Involving Terminally Ill

Kevorkian Scheme: RI Man Gets Six Years for Investment Fraud Involving Terminally Ill
Joseph Caramadre believed he had found the Holy Grail for investors, a risk-free way to speculate in financial securities — all upside with little or no downside. All he needed to make it work were people who would soon be dead. Yesterday, in a federal courtroom in Rhode Island, the scheme ended with a six-year prison sentence for Caramadre.
origin Author: 
Jake Bernstein
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