Deepal Wannakuwatte Pleads Guilty to Wire Fraud in Connection with Orchestrating Multi-Million Dollar Ponzi Scheme

Deepal Wannakuwatte pled guilty to wire fraud in connection with a long-running and a large-scale fraud scheme. Wannakuwatte encouraged more than 100 investors, including individuals, corporate entities, and financial institutions, to invest in a number of business opportunities by misrepresenting the financial worth of himself and his companies. Wannakuwatte’s two companies, IMG and Relyaid, manufactured… Read more »