20-12-2016 18:02 via news.yahoo.com

U.S. prosecutors say Peruvian ran fraud out of Trump Building

U.S. authorities on Tuesday arrested a Peruvian man who, to lure investors, posted an online video featuring the New York Stock Exchange and himself in front of the nearby Trump Building, where he had an office, on charges that he engaged in a $1.2 million fraud. Pedro Jaramillo, 47, raised funds from over two dozen investors since 2014, mainly to invest in commodity futures contracts with a promise of a guaranteed rate of return, according to a criminal complaint filed in Manhattan federal cour
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