Latest / New York City News Today | 2 Min News | The Daily News Now!
FBI Most Wanted: Rey Grabato II | New York City News
FBI just added Rey Grabato the Second to their most wanted list for allegedly swindling over 2,000 investors—including many in New Jersey—for more than $650 million between 2018 and 2022. He also tried to evade $26 million in IRS taxes over 15 years. Charged with securities fraud, wire fraud, and tax conspiracy, he’s now a top target—with a $150,000 reward for tips leading to his arrest. Suspected to be hiding in the Philippines, this is the second time the FBI has issued this designation for fraud, signaling a major crackdown on financial scams that devastate real people. Listen in…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.