United States Attorney Rebecca C. Lutzko announced recently the conclusion of a case involving five Cleveland-area men that were charged in a 47-count indictment for illegally obtaining more than $800,000 in pandemic unemployment insurance benefits using other people’s personal identifying information. The defendants were sentenced to a combined total of 284 months of imprisonment.
Acting U.S. Attorney Michelle M. Baeppler announced that a federal jury returned guilty verdicts today against Defendant Raymond A. Erker, 50, of Avon,
Raymond A. Erker, 50, of Avon, Ohio, following a seven-day trial before U.S. District Judge Dan Polster in Cleveland. Erker, a former investment advisor, was convicted of stealing more than $9.3 million from clients in a Ponzi scheme.
Beginning in January of 2013 and continuing through January of 2018, court records state that Brunst and the alleged co-conspirators engaged in a conspiracy that devised a scheme that stole approximately $9,366,976.37 from investors.