![]() ![]() 3, and he faces up to five years in prison and forfeiture of more than $250 million. Court records show sentencing is set for Jan. Ruderman - who famed “Screw” publisher Al Goldstein had once dubbed the “Invisible man” of porn” - pleaded guilty Thursday in federal court in Miami. 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. Federal authorities said he took part in a $250 million scheme that affected more than 3,400 investors in 42 states. Ruderman, 82, was chairman and chief executive officer of 1 Global Capital LLC, a commercial lending company that filed for bankruptcy in July 2018. The former owner of Playgirl magazine, once dubbed the “Invisible man” of porn, pleaded guilty to conspiracy to commit securities fraud for misleading investors in another of his companies - one that made high-interest loans to small businesses.Ĭarl R. Trump fined $5K, threatened with jail over ‘blatant violation’ of gag order in NYC fraud trial Tom Suozzi took donations from doctor accused of stealing $1.3M from Medicaid Iowa woman who made fake cancer claims on social media, received over 400 donations learns her fate Michael Cohen to confront old boss Donald Trump at $250M NYC fraud trial ![]()
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