Ohio Resident Admits to Orchestrating $3,000,000 Fake Ticket Investment Fraud Scheme

An Ohio man persuaded investors to put more than $3 million into supposed “rolling code ticket packages” tied to sports and theme-park experiences; prosecutors say the investment never existed and money went to casinos

An Ohio man pleaded guilty to running a fake investment scheme that prosecutors say defrauded five victims in Ohio and Florida of more than $3 million. John E. Brown II promoted supposed “rolling code ticket packages” linked to sports and theme-park experiences, but the investment did not exist. Prosecutors said he used investors’ money for personal expenses, including about $1.375 million in casino transfers.

Ohio Resident Admits to Orchestrating $3,000,000 Fake Ticket Investment Fraud Scheme

Federal prosecutors say they’ve obtained a guilty plea from an Ohio resident who ran a fraudulent investment scheme that stole more than $3 million from victims across two states. John E. Brown II, 45, of Brecksville, Ohio, pleaded guilty on September 29th, to 17 counts of wire fraud and two counts of engaging in monetary […]