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Latest / Los Angeles News Today | 2 Min News | THE DAILY NOW!

CEO, Michelle Bisnoff, convicted of fraud scheme. | Los Angeles News

Michelle Bisnoff, CEO of Esos Rings, was convicted of running a fraudulent Ponzi scheme, scamming investors out of over two million dollars. Originally hired for marketing a smart ring technology, she attempted to claim credit for the patent after being fired. Her deceptive practices included false claims of deals with major companies and misusing funds as an executive assistant to repay investors. Bisnoff also applied for a COVID-19 relief loan using fraudulent information. Her sentencing is www.TheDailyNewsNow.com This is an automated, high-level news summary based on public reporting and…

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