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New defendants charged in $50 million Ponzi scheme involving off-the-road tires | USAO-SDOH
COLUMBUS, Ohio– A federal grand jury has indicted two Texas males for their roles in one or far more alleged conspiracies involving wire fraud, income laundering and tax fraud. Charges pending in opposition to John K. Eckerd, Jr., 58, of Dallas, and Afif Baltagi, 45, of Houston, ended up unsealed yesterday. It is alleged that Eckerd is the leader of the multi-condition conspiracy. Conspiring with earlier convicted and sentenced defendant Jason E. Adkins, 46, of Jackson, Ohio, Eckerd, Baltagi, and other folks orchestrated a $50 million Ponzi plan that defrauded extra than 50 traders. According to the indictment, from 2012 till at minimum in or about…


