Staten Island Man Sentenced to 36 Months' Imprisonment for $2.5M Real Estate Investment Scheme

[TexasTowelie]

Staten Island Man Sentenced to 36 Months’ Imprisonment for $2.5 Million Real Estate Investment Scheme Targeting Elderly Victims


Earlier today, at the federal courthouse in Brooklyn, Yevgeniy Braziler was sentenced by United States District Judge Ann M. Donnelly to 36 months’ imprisonment for his role in a scheme targeting investors, including numerous elderly victims, by selling them partnerships in fraudulent real estate companies. The amount of restitution will be determined by the Court at a later date.

Richard P. Donoghue, United States Attorney for the Eastern District of New York, and Philip R. Bartlett, Inspector-in-Charge, United States Postal Inspection Service, New York Division (USPIS), announced the sentence.

“Braziler has now been held accountable for fleecing the victims of his fraudulent scheme, many of whom were elderly when they were targeted, and nearly half of whom are now deceased,” stated United States Attorney Donoghue. “The Department of Justice and this Office are committed to protecting investors, especially the most vulnerable, from predators like the defendant.”

“The day of reckoning has finally arrived for Mr. Braziler who lacked the moral compass to do the right thing for his investment clients,” stated USPIS Inspector-in-Charge Bartlett. “In many of these cases, he stole from seniors who worked their entire lives saving for a brighter future. Mr. Braziler will have plenty of time in prison to consider the impact his crimes have had on the victims in this case.”

Read more: https://www.justice.gov/usao-edny/pr/staten-island-man-sentenced-36-months-imprisonment-25-million-real-estate-investment

[rampartc]

1. 3 years for $2.5m.

i'm in the wrong line of work.

we talked about sentences for white collar crime only yesterday.