NYC Developer Conned Investors Out Of $10M, Feds Say

By Elliot Weld · May 7, 2025, 7:13 PM EDT

A real estate developer involved in several projects in New York City was charged by federal prosecutors with misappropriating about $10 million in investor funds and using the money to finance...

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Documents

Case Information

Case Title

USA v. SCHUSTER

Case Number

1:25-cr-00204

Court

New York Southern

Nature of Suit

Date Filed

May 06, 2025