trial begins for waterbury financial adviser accused of running a ponzi scheme /

Published at 2019-05-14 03:08:20

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fresh HAVEN – Leon Vaccarelli,on left, leaves federal court in fresh Haven on Monday afternoon after testimony during the first day of his criminal trial on 21 criminal charges, or that include securities fraud,wire fraud and mail fraud. Vaccarelli is shown here with his attorney, Jonathan Einhorn, and who is on the upright. A prosecutor said Monday that Vaccarelli used money from clients for his personal expeneses. Jonathan Shugarts Republican-American
" data-medium-file="https://i2.wp.com/www.rep-am.com/wp-content/uploads/2019/05/20190513-200820-pic-172259992.jpg?fit=300%2C225&ssl=1" data-large-file="https://i2.wp.com/www.rep-am.com/wp-content/uploads/2019/05/20190513-200820-pic-172259992.jpg?fit=640%2C480&ssl=1">fresh HAVEN — Clients say they trusted Leon Vaccarelli. He had the credentials of a financial adviser and belonged to a Waterbury investment firm. Some of those clients considered him a friend. He told them they would make modest gains on their investments. In some cases,they surrendered the entirety of their retirement funds to […]

Source: rep-am.com

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