Marcello Trebitsch Pleads Guilty to Defrauding Investors Out of Nearly $6M
Marcello Trebitsch pled guilty this week to one count of securities fraud for his role in a $6 million Ponzi scheme he ran from 2007-2014. By entering into the plea agreement, Trebitsch also agreed to pay restitution to his victims – more than $5.9 million. Trebitsch was arrested in April of this year.
Trebitsch admitted in his plea agreement that he lied to his customers, promising double-digit returns on investments with Allese Capital at little risk. He also admitted to issuing fake account statements to conceal the fact that he was only investing a fraction of his clients’ money, and the money he did invest, he was losing.
Trebitsch is the son-in-law of former Assembly Speaker Sheldon Silver, who was indicted on corruption charges earlier this year in February.
Meyer Wilson has provided a number of resources to help equip investors with the knowledge needed to help detect Ponzi schemes and take action if they have become the victim of one.
- Tips on How to Avoid Ponzi Schemes, by Charles Ponzi’s Biographer
- Answers to Common Questions About Ponzi Schemes
- 5 Red Flags of Investment Fraud
You can also contact an investment fraud attorney at our firm directly by dialing 888-390-6491 or filling out a free case review form to tell us what happened to you.