Paul White Fraud
Paul White of Huntington, NY Receives up to 63 years in Prison for Financial Fraud
Paul White, 56 and of Huntington, New York, has been sentenced to decades in prison for a land investment fraud that reportedly cheated left clients losing their retirement savings, according to reports from the Suffolk County District Attorney’s office currently under review by attorney Joe Peiffer and Jason Kane.
Paul White was reportedly sentenced to serve consecutive three-to-nine year prison terms for each of the seven convictions for second degree grand larceny, according to the Suffolk County District Attorney’s office. The Peiffer Wolf investment recovery lawyers are currently investigating Paul White and his reported land investment fraud.
Paul White Promised Investors Substantial Federal Tax Benefits in Commercial Real Estate Transactions
Paul White reportedly duped investors by promising lucrative federal tax benefits in commercial real estate transactions, according to reports from the Suffolk County District Attorney’s office currently being reviewed by attorney Joe Peiffer and Jason Kane.
White reportedly claimed to be a financial adviser operating under the name of Professional Investment Advisor Inc. Rather than invest on behalf of investors the DA claims White “financed a comfortable lifestyle” for himself. The court also ordered White to pay seven victims a total of $2.9 million, according to reports from Suffolk County.
Investment Recovery Lawyers Investigating
The Peiffer Wolf investment recovery attorneys often represent investors who lose money as a result of investment misconduct, and are currently investigating Paul White, and his alleged land 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.
Any Investors who believe they lost money as a result of alleged fraud committed by Paul White may contact the investment rights attorneys at Peiffer Wolf, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 585-310-5140.