NY-AG v. Carl R. Carro and James W. Doyle

Carl R. Carro and James W. Doyle allegedly operated a nearly decade-long Ponzi scheme that defrauded investors from throughout New York and the rest of the nation of more than $1 million, according to the Office of the Attorney General’s (OAG) felony complaint. Carro and Doyle allegedly misrepresented to investors that Endeavor was a headhunting firm hired by prestigious clients. Carro and Doyle are charged with luring investors with false promises of interviews for board positions, then offering purported no-risk investment opportunities in their firm.

Summary generated from official New York Attorney General press release