Johan Sposato, age 64, of Slidell, was sentenced today after previously pleading guilty to wire fraud for his role in promoting and operating a national Ponzi scheme. Sposato was sentenced to 84 months imprisonment to be followed by 3 years of supervised release.  Additionally, Sposato was ordered to pay $2,559,725 in restitution. According to court… Read More


On Wednesday, November 30, a Texas man was indicted in connection to a scheme to steal more than $545,000 from a retirement account after the account owner and his designated beneficiary both died. An 11-count indictment filed in U.S. District Court charges Dwayne Ellis Baptiste, 43, with four counts of wire fraud, one count of… Read More