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Palm City man pleads guilty to $55 million investment fraud scheme

Por: WPTV Crime February 24, 2023

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PALM CITY, Fla. — A Martin County man pleaded guilty Thursday to orchestrating an investment fraud scheme that defrauded more than 10,000 victims of more than $55 million, according to the U.S. Department of Justice.Court documents showed that Michael Glaspie, 72, of Palm City, marketed an investment opportunity under the name CoinDeal or Coin Deal. Federal prosecutors said that Glaspie claimed that CoinDeal would yield very high returns on... + full article



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