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Belmar investment firm owner sent to prison for orchestrating $6 million fraud

Summary by njtoday.news
A New Jersey man who duped elderly clients over three decades was sentenced on August 26, 2025, to 151 months in prison for orchestrating a “Ponzi-like” investment scheme that cheated more than 60 victim investors out of more than $6 million. Vincent Dispoto Jr., 68, formerly of Belmar, New Jersey, previously pleaded guilty before U.S.Continue reading "Belmar investment firm owner sent to prison for orchestrating $6 million fraud" The post Belma…
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njtoday.news broke the news in on Saturday, August 30, 2025.
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