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20mil fraud.. victims are cricket friends

TheRealBulBul

By TheRealBulBul
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TheRealBulBul Jr Artist

TheRealBulBul

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https://www.justice.gov/usao-edva/pr/aldie-man-charged-multi-million-dollar-investment-fraud-scheme
 

Most are local county league cricket friends.. 

 

From January 2020 through May 2024, Ramaraj allegedly pitched individuals, including members of his Loudon County cricket league, the opportunity to loan DAB money at high interest rates, annualized at over 100% in some instances.  Using money from later investors, Ramaraj allegedly paid initial investors the promised returns to entice them to continue investing and to recruit other friends and family to invest.

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