William Bucci—Investment Fraud
William Bucci Allegedly Made False Representations to Several Brokerage Clients that he was Initiating High End Italian Olive Oil and Wine Import Business; Clients and Investors Allegedly Sank $1,284,000 into the Purported Scheme
William Bucci, beginning as early as 2004, allegedly made false representations to several brokerage clients that he was opening a business an Italian olive oil and wine import business, according to recent Documents from the U.S. Attorney’s Office in the Eastern District of Pennsylvania currently under review by attorneys Jason Kane and Joe Peiffer.
Bucci, as a result of the aforementioned representations, took in approximately $1,284,000 from clients and other, but, rather than investing the money, Bucci allegedly spent it on his own expenses, the aforementioned Documents report.
The Peiffer Wolf Carr & Kane securities lawyers are currently investigating William Bucci’s alleged olive oil and wine import investment fraud.
William Bucci Allegedly Induced Others to Loan Him Money after Representing that He Would Put Cash toward a Down Payment on the Purchase of Real Estate on the Renowned Jersey Shore
William Bucci, between 2004 and 2012, allegedly induced individuals to loan him money based on representations that he would put the cash toward a down payment on real estate on the New Jersey shore and would repay it with significant interest, according to the aforementioned Documents from the U.S. Attorney’s Office in the Eastern District of Pennsylvania currently under review by attorneys Jason Kane and Joe Peiffer.
Bucci, instead, said Documents report, allegedly victims’ money for his own purposes, including payments toward his large credit card debt and to pay earlier victims.
As a result of the aforementioned and alleged fraud schemes, Bucci purportedly obtained approximately $2.9 million between 2007 and 2011, but Bucci allegedly did not report any of the money he took from the scheme on his tax returns for those tax years, the aforementioned Documents report.
Securities Lawyers Investigating
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of alleged investment fraud, and are currently investigating William Bucci’s alleged false representations to investors. 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 William Bucci’s alleged false representations to investors may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at (585) 310-5140.