Investment Adviser George Elia and Wife, Darlene Elia, on Run Over $9.5M Ponzi Scheme

DISGRACE:  Investment adviser George Elia and his wife Darlene Elia are on the run after being accused of a multimillion dollar fraud in a lawsuit filed by Michael Imbesi and family, saying he ran a massive Ponzi scheme.

According to the Daily Mail, George Elia and his wife shipped home much of their belonging to Cyprus, where he was born.The state office of Financial Regulation and FBI agents are interviewing 30 clients who have lost $9.5 million in the scheme.

The following two tabs change content below.
Janet Shan is a freelance journalist and managing editor of the Hinterland Gazette, who is working on her first novel, a mystery based in the hills on Montego Bay.