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Dante DeMiro of MuniVest scammed municipalities, credit unions, etc.
Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780


Posted: 10/11/2010 5:44:06 PM

By: Hunter

Link to Criminal Complaint

http://www.alabamaagainstfraud.com/Hunter/MuniVestFinancial/DanteDeMiroComplaint.pdf

Clients included municipalities such as Lapeer County, Michigan and the Charter Township of Comstock, Michigan, credit unions, such as the United Service Credit Union of Des Moines, Iowa, school districts, such as Mona Shores Public Schools in Muskegon, Michigan area, and trade unions, such as Boiler Makers Local 169 in Allen Park, Michigan.

As set forth in great detail, since at least March 2009, DeMiro has operated a Ponzi scheme operation where he obtained millions of dollars in bank wire transfers from these and other clients, purportedly for investment in various certificates of deposit.


 

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