x

General News

Man Posing as Shipping Magnate Bilks Investors out of $300K, SEC says

BOSTON – A Boston man accused of posing as a member of a wealthy Greek shipping family is accused of defrauding investors out of more than $300,000.

The story was broken by the Boston electronic and print media and was also posted on the website of The Securities and Exchange Commission. The SEC announced charges against Vassilios Trikantzopoulos and his business, Navis Ventures LLC.

According to the SEC's complaint, since at least 2015, Trikantzopoulos allegedly has posed as the scion of a wealthy Greek shipping family and claimed to be a highly successful money manager, responsible for overseeing $100 million or more of family assets.

Trikantzopoulos is accused of soliciting investors for various international real estate ventures, pledging hefty profits and offering "secured" promises that, if the ventures did not go forward, investors' funds would be returned in full.

According to the complaint, Trikantzopoulos used investor money for ventures with no apparent success, his own businesses had no substantial assets or operations, and he has failed to refund investors as promised.

Trikantzopoulos also diverted tens of thousands of dollars for his own personal use and to pay rent and other expenses, the SEC said.

RELATED

DORCHESTER, MA – Pantry Pizza, 931 Dorchester Avenue, a Greek family-owned pizzeria serving the Dorchester, MA, community for over 15 years, offers a new robust catering menu, ideal for any at-home entertaining, along with all its classic pizzeria favorites including an array of thin-crust pizzas with homemade-daily sauces, calzones, subs, wraps, paninis, salads, and its recently-launched Pantry Pizza Bowls.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

2 Germans, a Spaniard and a Senegalese Killed in Building Collapse in Spain’s Mallorca Island

MADRID (AP) — Spain's National Police on Friday gave details on four people killed when a building housing a bar and restaurant club collapsed on the island of Mallorca.

Highly experienced live-in CARETAKER, for your elderly parent/s, preferably, in ASTORIA.

NEW YORK (AP) — A woman who says Sean “Diddy” Combs subjected her to violence and abuse over several years in the 1990s has filed a lawsuit in New York accusing the rapper of sexual assault, battery and gender-motivated violence.

WILMINGTON, Del. (AP) — Hunter Biden is due in court on Friday for the final hearing before he's expected to stand trial on federal firearms charges in Delaware as his father's reelection campaign unfolds.

PARIS (AP) — A police officer in riot-hit New Caledonia shot and killed a man Friday after being set upon by a group of about 15 people, the territory's prosecutor said.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.