Monday, January 30, 2023
Home Tags Hector May

Tag: Hector May

Fraudster’s daughter sentenced to 80 months for role in Ponzi scheme

Prosecutors described May as "ruthless and seemingly sociopathic" for pilfering the retirement savings of friends, relatives, the elderly and blue collar workers for 16 years.

Imprisoned Rockland Ponzi schemer Hector May ordered to pay couple $31.6m

Former U.S. Attorney Geoffrey S. Berman described the decades-long Ponzi scheme as "marked by extreme cunning, ruthlessness, and utter disregard for the well-being of his victims."

Former music executive Robert Jamieson sues broker Hector May for $18M

Robert and Judith Jamieson of Riverside, Connecticut, claim that Hector May pretended to be their friend while secretly emptying their brokerage accounts.

Rockland investment adviser pleads guilty in $11M fraud

The Securities and Exchange Commission then in turn charged Hector May and his daughter, Vania Bell, with running a multimillion-dollar Ponzi scheme.

Feds freeze properties of investment adviser Hector May

The U.S. Attorney’s Office believes the properties constitute proceeds of securities fraud and "are thus subject to criminal forfeiture.”