Commercial real estate firm head pleads guilty in $62.8M fraud scheme
A New York City man has pleaded guilty to running a massive investment fraud scheme involving a planned commercial real estate project in the Buckhead area of Atlanta. Elchonon “Elie” Schwartz, 46, admitted his guilt on one count of wire fraud in federal court Wednesday and faces a maximum of 20 years in prison.
Real estate investment firm pleads guilty in $62.8M fraud scheme
Elchonon Schwartz pleaded guilty to running a massive investment fraud scheme that raised $62.8M he spent on luxury items.
Commercial real estate investment firm head pleads guilty in $62.8M fraud scheme
A New York City man has pleaded guilty to running a massive investment fraud scheme involving a planned commercial real estate project in the Buckhead area of Atlanta.
Luxury Watches & Lies: NY Real Estate Mogul Admits to $63M Investor Fraud Scheme
A New York real estate mogul formally confessed to masterminding a multi-million dollar investment fraud scheme. Elchonon Schwartz, 46, of New York City, pleaded guilty to wire fraud in a Georgia federal courtroom on Wednesday,
Elie Schwartz Admits to $62.8M Fraud Scheme Targeting Investors
Elchonon “Elie” Schwartz, a 46-year-old real estate executive from New York, has admitted to orchestrating a massive fraud scheme that misled over 800 investors and caused devastating financial harm.
Atlanta Journal-Constitution1d
CEO pleads guilty to wire fraud after failed Buckhead office deal
The New York real estate CEO who led the failed crowdfunded effort to buy Buckhead’s Atlanta Financial Center pleaded guilty on Wednesday to a felony wire fraud charge. As part of his plea, Elie ...
Foreclosure auction delayed for Buckhead's sprawling Piedmont Center
Piedmont Center, a 46-acre office complex in Buckhead, was scheduled for foreclosure auction today, but the process has been ...