Was that wrong?
Brooklyn man's Seinfeld joke turns out to be multi-million dollar scam
https://www.usatoday.com/story/news/nai ... 2287157007
Thomas John Sfraga, 56, was sentenced to nearly four years in prison for defrauding investors of over $2 million for companies including the Vandelay Contracting Corporation.
A Brooklyn crypto influencer who convinced friends to invest in a bogus company referencing the show Seinfeld was sentenced to nearly four years in federal prison for the multimillion-dollar Ponzi scheme, Department of Justice officials announced Friday.
Thomas John Sfraga, a one-time popular podcaster who used the alias "TJ Stone," defrauded at least 17 people of over $2 million that he convinced them to invest in his business ventures, including the Vandelay Contracting Corporation, a reference to a running gag on the hit show.
Investments in Sfraga’s Vandelay company proved just as phony as
Vandelay Industries — a supposed latex manufacturing company — on Seinfeld. On the TV show, George Costanza concocts the company to convince state bureaucrats he’s looking for work so that he can receive unemployment checks.
But Sfraga, 56, wasn’t looking to fool government workers; he robbed friends, neighbors, old classmates and even his child’s baseball coach, according to federal court papers.
Just remember, it's not a lie if you believe it.