Alleged Ponzi Schemer Arrested Second Time
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The losses suffered by the alleged Ponzi victims ranged from $275,000 to as much as $2 million. In a civil suit launched by the only Ponzi complainant from the dropped case, Erez is alleged to have bilked $27 million from more than 70 investors, the Star reported.
Erez is due back in court in early December.
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