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COVID-19 scammer pleads guilty to stealing $12.5 million from Texas investors

Summary by lonestarlive.com
A California man pleaded guilty in a $12.5 million wire fraud scam that targeted Texas investors, U.S. Attorney for the Southern District of Texas Nicholas J. Ganjei said Thursday.He said in a news release that during the first years of the COVID-19 pandemic, Robert Maxwell, 30, of Los Angeles, falsely told investors he had a manufacturing contract with a Chinese company for personal protective equipment, such as masks and gloves. He also said h…
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lonestarlive.com broke the news in on Thursday, April 10, 2025.
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