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Elie Schwartz Sentenced To 87 Months For Defrauding CrowdStreet Investors

Barchart·05/19/2025 17:10:15
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Nightingale Properties CEO Elie Schwartz has been sentenced to 87 months in prison after orchestrating the biggest fraud in real estate crowdfunding history. District Judge Steven Grimberg of the Northern District of Georgia handed down the sentence, which includes three years of supervised probation, in an Atlanta courthouse Monday afternoon.