CHARLOTTE, N.C. (QUEEN CITY NEWS) — A Charlotte man has been sentenced to prison for orchestrating a Ponzi scheme, defrauding dozens of people across the country.
According to court records, from 2015 to 2022, Wynn A.D. Charlebois, 55, used companies he owned and operated, including WC Private, Wilcox Hybrid, Damon Investments, and others, to commit a multi-million-dollar fake investment scheme.
Using his prior employment at a reputable hedge fund company, he conned victims into giving him money meant to be invested. He promised the victims that their money would be invested in risk-free investments, subscription agreements, and loans. Instead of investing the money, Charlebois used the money for personal expenditures and to make Ponzi-style payments…