Latest / Money, Trust and Deception
He Turned Community Trust Into a 47 Million Dollar Fraud
Leor Moshe did not have to build trust with investors from nothing. Many of the people who gave him money came from the same Orthodox Jewish communities in New Jersey and New York.
Through Capital Funding ASAP, Moshe told investors their money would finance short term loans to small businesses and produce significant fixed returns. In August two thousand twenty six, he admitted that investor money had instead been used for Ponzi like payments and millions of dollars in personal expenses.
This is a story about affinity fraud and what can happen when trust created by community becomes a…
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