USAO - Florida, Southern News Update

Offices of the United States Attorneys   You are subscribed to USAO - Florida, Southern news updates. This information has recently been updated, and is now available. Owner of Foreign Currency Trading Firm Pleads Guilty to Running a Ponzi-Scheme 01/15/2025 07:00 AM EST Henry Abdo, 47, of Lebanon, pled guilty in federal court to orchestrating an over $6 million investment fraud (Ponzi) scheme run through his company, Titanium Capital LLC ("Titanium"). According to court records, Abdo's company, Titanium, purported to operate a sophisticated foreign-exchange platform that guaranteed fixed returns for investors. In reality, Titanium had no such platform, and Abdo used investor funds to pay off earlier investors and finance his personal lifestyle. You have received this e-mail because you have asked to be notified of changes to the Offices of the United States Attorneys website. GovDelivery is providing this service on behalf of the Executive Office for United States Attorneys, Department of Justice, 950 Pennsylvania Ave., NW · Washington, DC 20530 · 202-514-2000 and may not use your subscription information for any other purposes. Manage your Subscriptions | Department of Justice Privacy Policy  | GovDelivery Privacy Policy Follow the Offices of the United States Attorneys on Twitter: @USAttorneys