NEWARK, N.J (BRAIN) Victims of what prosecutors call a “Ponzi-like” scheme to buy several Italian cycling brands are asking a judge to release pre-sentencing materials for Samuel Mancini, who has pleaded guilty to securities fraud in the case.Mancini pleaded guilty in April 2022, but a sentencing hearing has been repeatedly postponed and is currently not scheduled; however,
NEWARK, N.J. (BRAIN) A criminal sentencing hearing has been delayed again for cycling investor Samuel J. Mancini, who pleaded guilty to one count of securities fraud last year. The hearing had been scheduled for Wednesday, but it was adjourned to an unspecified later date, a source familiar with the case told BRAIN.
NEWARK, N.J. (BRAIN) A sentencing hearing has been rescheduled for Samuel J. Mancini, who pleaded guilty last year to securities fraud related to a fund with plans to buy several Italian cycling brands.