Six Floridians Charged In Multi-Million Dollar Nationwide Fraudulent Stocks Scheme

MIAMI, Fla. (CW69 News at 10) – Six Florida residents were indicted by a federal grand jury on charges that they allegedly defrauded investors of approximately $21 million, according to a statement from the U.S. Attorney’s Office for the Southern District of Florida.
The complaint charges the defendants falsely claimed that the investors’ money would go towards the development of a lucrative mobile gaming application that never launched and generated no revenue.
The alleged fra