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Agape World Inc, a Hauppauge investment firm where Nicholas Cosmo is the chief executive.Nicholas Cosmo, 37, the company's president, has been charged with mail fraud in an alleged scam officials said may have lost investors $370 million.  Show more »
Agape World Inc, a Hauppauge investment firm where Nicholas Cosmo is the chief executive.Nicholas Cosmo, 37, the company's president, has been charged with mail fraud in an alleged scam officials said may have lost investors $370 million.  « Show less

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    Oct 29, 2010 |Story| WPIX-LTV
  1. LI Businessman Pleads Guilty In $413M Ponzi Scheme

    A New York businessman nicknamed a "mini-Madoff" because he was arrested only weeks after the billion-dollar swindler, pleaded guilty Friday to charges he orchestrated a $413 million Ponzi scheme that victimized thousands of investors.
    A New York businessman nicknamed a "mini-Madoff" because he was arrested only weeks after the billion-dollar swindler, pleaded guilty Friday to charges he orchestrated a $413 million Ponzi scheme that victimized thousands of investors. Nicholas Cosmo,...

    Tags: New York City, Justice System, Prosecution, Nicholas Cosmo, WPIX

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