A Jupiter-based Ponzi scheme shut down in April lured 1,839 people from Florida and elsewhere who invested at least $40 million in 25,883 virtual concierge machines, the court-appointed receiver’s first report states.
But in reality, fewer than 100 of the VCMs sold through Joseph Signore’s company JCS Enterprises of Jupiter and Paul Schumack’s firm TBTI of Boca Raton were in operation at hotels, airports, stadiums and other locations.
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