Tag: Jay Lucas
Jay Lucas, Securities Fraud, New York 2017
⏱ 2 min read Jay Lucas, the founder of Manhattan-based private equity firm Lucas Brand Equity, has pleaded guilty to running a massive Ponzi scheme that defrauded investors of over $50 million. The scheme, which began in 2017, involved Lucas convincing investors to put their money into his firm, promising to invest it in emerging…
