US EditionDisgraced Nightingale CEO Elie Schwartz Begs For Leniency After $63M CrowdStreet Fraud
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Disgraced Nightingale CEO Elie Schwartz Begs For Leniency After $63M CrowdStreet Fraud
The disgraced CEO of Nightingale Properties says he “learned a valuable lesson” about how he shouldn't be trusted with other people's money after admitting to a $63M fraud scheme. Elchonon “Elie” Schwartz is hoping to avoid jail time after pleading guilty to one count of wire fraud in February, which carries a maximum 20-year sentence. Federal prosecutors are seeking a prison term less than half that length. Schwartz raised $63M via CrowdStreet…
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