Cosmo is being charged with mail fraud in what could be a $380M Ponzi scheme. Cosmo is the founder of Agape World Inc. A company that is claimed to have been started in 1999, a year that Cosmo was in prison for misappropriating funds. While in prison it is reported that Cosmo was ordered to gambling therapy. Cosmo is thought to have defrauded thousands of investors. More can be read at bloomberg.com
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