CRIMINAL CAPITALI$M
Ponzi scheme behind patriotic vodka, once featured on ‘Fox & Friends,’ scammed investors out of $900,000 to pay IRS and Amex bills, prosecutors say
A Connecticut businessman has pleaded guilty to operating an unpatriotic Ponzi scheme that pocketed $900,000 from investors looking to buy a pro-veteran vodka company. Brian Hughes, 57, of Madison, Conn., admitted raising money to buy Salute American Vodka and then expand it, then going on to use much of the money to pay his own credit-card debt and tax bill. Hughes also admitted cheating investors by purportedly raising money on behalf of another liquor company to which he had no connection.
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