Case Result

$13M

Merchant Cash Advance Fraud

2023
Trial Verdict
Fall River, MA

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Case Details

First Par Funding partner, Perry Abbonizio, pleaded guilty to conspiracy to commit wire fraud, defrauding hundreds of investors. He agreed to forfeit $11.3 million in property and $1.7 million as part of a plea deal.

Additional Notes

Cooperation with federal authorities. Total forfeiture and plea deal amount.

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