Wednesday 29 July 2020

Bar Works Ponzi schemer sentenced to prison

The first prison sentence has been handed down in connection with the Bar Works co-working Ponzi scheme, with more set to come later this year. British national Savraj Gata-Aura was sentenced to 4 years in federal prison on Tuesday for his involvement in the scheme. The United States Attorney’s Office for the Southern District of New York made the announcement. Gata-Aura lured hundreds of victims “to invest approximately $40 million into a massive Ponzi scheme,”



source https://therealdeal.com/2020/07/29/bar-works-ponzi-schemer-sentenced-to-prison/

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