DOJ v. JOSHUA SCHUSTER

JOSHUA SCHUSTER pled guilty to securities fraud for his role in a scheme to defraud investors in large real estate development projects located in New York City. According to the Indictment, SCHUSTER allegedly misappropriated in excess of $13 million dollars in investor money to fund his lifestyle and pay off earlier investors in a Ponzi-like fashion.

Summary generated from official Department of Justice press release