Court records or official announcements

Krassenstein Brothers Accused of Fraud; $500k Seized

Jul 11, 2024, 01:13 PM

The Krassenstein brothers have been accused of defrauding innocent people through Ponzi schemes. Reports indicate that the federal authorities raided them and seized around $500,000 in illicit funds from the fraudsters. The brothers allegedly ran these schemes for 13 years, directing victims to fraudulent investments.