A Manhattan-based woman who embezzled approximately $300,000 from several investors, was nabbed with the assistance of NYPD’s financial crime task force and the US Secret Service, know about Lakenya Hopkins
The investigators found a 44-year-old Lakenya Hopkins, who’s allegedly running a fake “investment club,” and promising investors of “generational wealth,” returns to lure them.
Know Who Is Lakenya Hopkins Manhattan Based Woman Arrested By NYPD For Embezzling $300,000, Biography, Age, Story, Twitter, News
As per reports, the con woman was using a chunk of the investors money to rent a luxurious apartment in a Manhattan home.
According to the federal prosecutor, back in November 2020, Hopkins used $85,000 for the fancy house and also brought cryptocurrency for her personal advantage.
According to the statement released by the authorities, the number of people who were conned by the lady reached upto 110 in the period between Aug 2020 to April 2021, through which the woman has conned around $290,000.
As per the US Attorney’s Office for the Southern District of New York, the 44-year old trickster ran a fraudulent company by the name of Money Magnet Platinum Membership Initiative LLC, which promised unrealistic rates or returns on investments.
In a statement, the US Attorney, Damian Williams revealed that, “She lied to induce their investments and continued to lie when they questioned her about the status of their investments.”
Williams further added, “Instead of investing the money as promised, she allegedly enriched herself.”
According to feds, Hopkins assured her investors that she would be able to generate 8-times the investment that they make by consolidating the money from various sources and will put them into a hedge fund.
As per feds reports, She also guaranteed them that she will give them 3-5% daily returns. However, she never really cared to invest the money instead she couldn’t even pay back the first guaranteed monthly payment as per her promise.
When investors panicked and started raising questions, she continued to lie to them and informed them that their invested money still remained in the hedge fund and they would “not be taking a loss.”
According to the reports released by feds, Hopkins tried to rekindle the confidence of investors and added that she was “not keeping any money.”
Recently, she refunded around 5 clients, however she still hasn’t repaid investors the promised returns.
Hopkins has been found guilty with one count each of securities fraud and wife fraud, which could mean upto 40 years imprisonment in case of conviction.
In a statement released by the NYPD Commissioner, Keechant Sewell, said that, “Ms. Hopkins turned her investors into victims, betraying their trust to carry out her own despicable embezzlement scheme.”
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