MIAMI – A man appeared in Miami federal court on money laundering and wire fraud charges Tuesday after prosecutors said he ran a multi-year, multi-victim, multi-million dollar investment fraud scheme.
Court records show the case against Patrick Lee Allen, aged 45 or 46, is being prosecuted in the Southern District of New York. Authorities said one of the victims lives in the Bronx.
He spent victim funds on personal expenses, like a private jet subscription service and sports tickets, authorities allege. They said he ran the scam from “at least” 2021 up until this month…