Three Men Arrested For Promising Pre-IPO Facebook Shares To Lure Investors
Three men were arrested at their homes Tuesday and charged with bilking an investor, dangling special access to Facebook shares prior to the social network’s initial public offering as bait.
Three men were arrested at their homes Tuesday and charged with bilking an investor, dangling special access to Facebook shares prior to the social network’s initial public offering as bait.
Forbes reported that federal officers with the FBI and the Internal Revenue Service arrested Eliyahu Weinstein, 37, of Lakewood, N.J.; Alex Schleider, 47, also of Lakewood; and Aaron Muschel, 63, of Brooklyn, N.Y.
According to Forbes, Weinstein is currently awaiting sentencing by U.S. District Judge Joel A.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in