Justin Costello: Last News

A Las Vegas man accused of falsely claiming to be a Harvard Business School graduate and combat veteran to defraud dozens of investors out of millions of dollars was arrested in San Diego on Tuesday evening, the FBI announced.  Justin Costello, 42, was indicted on 25 counts of wire fraud and securities fraud last week for the years-long scheme, in which he allegedly orchestrated a pump-and-dump over social media and used his investors' money to pay for his own wedding.  "Mr. Costello allegedly told many tall tales to convince victims to invest millions of dollars – money he then used for his own benefit," Nick Brown, U.S.

scammer told investors he was an Iraq war veteran, Harvard graduate and billionaire as he tricked them out of $35 million (£31 million) before fleeing from a SWAT team whilst carrying six gold bars, prosecutors claim.Justin Costello is accused of 25 counts of wire and security fraud and was caught by cops on October 4 after going on the run following his indictment.The 42-year-old allegedly had more than 7,000 victims and claimed he would have been able to escape from the FBI team on his trial had it not been for a stroke he suffered before the arrest in El Cajon, California, near the border with Mexico.READ MORE: Babysitter who 'beat boy, 5, to death after he wet himself' faces life in prisonDespite agreeing through his lawyer to surrender to cops, a SWAT team captured him with thousands of pounds worth of Mexican pesos and an array of banking cards alongside the six gold bars, valued at $12,000 (£10,000).U.S. Attorney Nick Brown said: “Mr.