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Michael Dacorta, a Sarasota man, duped 700 victims out of $80 million in a FOREX Ponzi scheme. He's now serving 23 years at the federal penitentiary in Coleman.
On this episode of Inside the FBI, we discuss how the Bureau and our partners took down an $80 million Ponzi scheme.
TAMPA, Fla. (AP) — A Florida man has been convicted of running an $80 million Ponzi...
A Florida man has been convicted of running an $80 million Ponzi scheme. Court records show a federal jury in Tampa found 57-year-old Michael DaCorta guilty on Wednesday of conspiracy to commit wire fraud and mail fraud and other charges.