Thomas John Sfraga, known as 'T.J. Stone,' pleaded guilty to crypto wire fraud, admitting to defrauding real estate and cryptocurrency investors of over $1.3 million through a business named after the fictional 'Vandelay Industries' from the TV show 'Seinfeld.' Sfraga used victims' money for personal expenses, employing Ponzi schemes and promising 60% returns from a fake crypto wallet. The case draws parallels to a 'Seinfeld' episode where a character falsely claims to have interviewed with the fictional Vandelay Industries.
The lie that the character George Costanza told on "Seinfeld" appears to have inspired a fraudster, as prosecutors announced that a man admitted to running a crypto and real estate scam in part through a phony company called Vandelay Contracting Corp. https://t.co/Za9ZZjepQP
NY man who used name of fake ‘Seinfeld’ company pleads guilty to fraud NEW YORK (Reuters) – A Brooklyn man who ran a business named for a fake company from the TV show “Seinfeld” to swindle $1.34 million from real estate and cryptocurrency investors, leaving some victims with… https://t.co/JHGThuMzju
A story of fraud inspired by George Costanza A Brooklyn man pleaded guilty to swindling $1.3 million from real estate and crypto investors through a business called Vandelay Contractors No response yet from anyone in the latex industry https://t.co/rHMpWkGFWs
#Crypto personality Thomas John Sfraga pleads guilty to wire fraud after promising 60% returns from a fake crypto wallet. DOJ reveals he deceived victims with Ponzi schemes. https://t.co/JjzJAjfsZY
Thomas John Sfraga, who ran a business named for a fake company from the TV show 'Seinfeld' to swindle $1.34 million from real estate and cryptocurrency investors, pleaded guilty to fraud. Prosecutors said Sfraga used victims' money for personal expenses https://t.co/r5ahvBmKur
New York crypto personality used 'Seinfeld' joke in fraud, feds reveal https://t.co/NY0WpbMm2J
NY man who used name of fake 'Seinfeld' company pleads guilty to fraud https://t.co/42QcK3feb5 https://t.co/XmUvSmyeAZ
Cryptocurrency Personality "T.J. Stone" aka Thomas John Sfraga Pleads Guilty to Wire Fraud Admits Bilking Real Estate and Cryptocurrency Investors Out of Over $1.3 Million Using Business Named After Fictitious Seinfeld Company "Vandelay Industries" https://t.co/21HIkcl8Xy… https://t.co/MLclZQQC6S
EDNY on crypto fraud: Thomas John Sfraga, aka “T.J. Stone,” pleaded guilty to crypto wire fraud, he said he owned Vandelay Contracting Corp - in “Seinfeld,” George Constanza falsely claimed to have interviewed for a job with the fictional Vandelay Industries. https://t.co/QGqoNCx5SS