Carl R. Ruderman, 82, used millions in funds from investors of his commercial lending company 1 Global Capital LLC to fund his lavish lifestyle. He plead guilty to the $250 million scheme on Thursd…
Trump Organization weighed boosting former president’s net worth with ‘presidential premium’: testimonyTrump could be back in NYC court next week as civil fraud trial against him continues
The Florida businessman admitted to spending millions in investors’ money to cover his own credit card and mortgage payments, personal vacations, costs for his Mercedes-Benz and nannies for his children, according to the Southern District of Florida Attorney’s Office.— pleaded guilty Thursday in federal court in Miami. Court records show sentencing is set for Jan. 3, and he faces up to five years in prison and forfeiture of more than $250 million.Carl R.
Ruderman pleaded guilty to conspiracy to commit securities fraud on Thursday, and was sentenced to five years behind bars.
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Executive who had business ties to Playgirl magazine pleads guilty to $250M fraud in lending companyA Florida executive whose family business once owned Playgirl magazine has pleaded guilty to conspiracy to commit securities fraud. Prosecutors say he misled investors in another of his companies, which made high-interest loans to small businesses. Carl R. Ruderman was chairman and chief executive officer of 1 Global Capital.
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