Anthony Sciarra—Investment Fraud
Anthony Sciarra Allegedly Orchestrated a $800,000 Investment Scheme by Purportedly Representing Himself as a Bona Fide Insurance Agent and Financial Adviser
Anthony Sciarra, from 2007 through July, allegedly orchestrated a $800,000 investment scheme by purportedly representing himself as a bona fide insurance agent and financial adviser, according to a Criminal Complaint from the U.S. District Court of Connecticut currently under review by attorneys Jason Kane and James Booker.
Several Peiffer Wolf Carr & Kane securities practice lawyers are investigating investment recovery options on behalf of investors in Sciarra’s alleged investment fraud.
Investors who believe they may have lost money in Sciarra’s alleged investment fraud funds are encouraged to contact attorneys Jason Kane or James Booker with any useful information or for a free, no obligation discussion about their options.
Anthony Sciarra, 53, and of Wethersfield, Connecticut, allegedly devised a scheme to “defraud and to obtain money and property by means of materially false and fraudulent pretenses” through purported misrepresentations and promises, according to the aforementioned Complaint.
Said scheme was also allegedly executed with the purpose, and cause to be transmitted, by means of wire communications in interstate and foreign commerce, and certain writings, signs, signals and sounds, including among other wire communications, wire transfers and email communications, the Complaint reports.
The Peiffer Wolf Carr & Kane securities lawyers are investigating Anthony Sciarra’s alleged investment fraud.
Anthony Sciarra is Facing Fraud Charges after Allegedly Making False Representations such as Claiming Funds put into Bond Fund or a Cigarette Distribution Business
Anthony Sciarra, who is facing fraud charges in U.S. Federal Court, purportedly ran AGS Financial through an entity he referred to as “Westport Enterprises”, according to the aforementioned Criminal Complaint being examined by attorneys Jason Kane and James Booker.
Sciarra allegedly used Westport to solicit investments from various investors by promising big returns of 4 to 12 percent or more, according to the aforementioned Criminal Complaint.
Sciarra allegedly made false representations wherein he led investors to believe that he would invest their funds in a bond fund and/or a cigarette distribution business, the Complaint notes.
Sciarra, instead, allegedly instead used investor cash and diverted funds for his personal use, including restaurant expenses.
Through the scheme, Sciarra allegedly defrauded at least 12 victim-investors of approximately $874,000, Daly said.
Sciarra allegedly faces a maximum term of imprisonment of 20 years, and is pending sentencing, according to Court reports from Connecticut.
Securities Lawyers Investigating
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Anthony Sciarra’s alleged investment fraud. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Anthony Sciarra’s alleged investment fraud may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or James Booker, for a free no-obligation evaluation of their recovery options, at (585) 310-5140 or via e-mail at email@example.com or firstname.lastname@example.org.