Former real estate firm CEO, 64, pleads guilty to wire fraud over $26million Ponzi scheme in which he used embezzled money to buy Malibu vacation home, luxury cars and coin ...

Former real estate firm CEO, 64, pleads guilty to wire fraud over $26million Ponzi scheme in which he used embezzled money to buy Malibu vacation home, luxury cars and coin ...

December 18, 2020, 4:18 pm
California businessman Lewis Wallach, 64, has pleaded guilty to wire fraud and conspiracy to commit fraud in connection to a five-year, $26million Ponzi scheme.
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Daily Mail ~ Ponzi scheme ~ Chief Executive Officer