Tag Archive for: nicholas-cosmo

Cosmo sent back to jail to await fraud trial – Newsday

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A federal judge found Friday that accused Ponzi scheme operator Nicholas Cosmo can’t be trusted and ended his house arrest after less than three months and returned him to jail to await trial. “It seems to me that he is unlikely to abide by any …

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Judge to decide Friday whether to return Cosmo to jail – Newsday

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Nicholas Cosmo may be one step closer to returning to jail to await trial on charges of running a phony investment scheme that bilked investors of more than $400 million. U.S. District Judge Denis Hurley found Thursday night that Cosmo had violated …

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