Richard Teplitsky charged with mail and wire fraud over alleged Ponzi scheme at Woodhill Capital

BUFFALO, N.Y. — Richard Teplitsky has been charged with mail and wire fraud in connection to an alleged Ponzi scheme at Woodhill Capital in Williamsville.

Teplitsky appeared in Federal Court Tuesday afternoon for his arraignment in front of Judge Michael Roemer.

According to Assistant United States Attorney Paul Bonanno, Teplitsky allegedly operated a Ponzi scheme at Woodhill Capital between 2018 and March 2026…

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