Westchester investor charged over $5.7M real estate scam

A Westchester businessman has been accused of using a real estate scheme to defraud friends and associates out of nearly $6 million, before blowing the money on himself.  Andrew Laub was charged this week in the U.S. District Court for the Southern District of New York with one count of wire fraud. Federal prosecutors say Laub lied to friends and family members, some of whom had known him since childhood, telling them he was investing their money in real estate but never following through.   Laub was arrested in Goldens Bridge, New York, Tuesday before appearing in front of a judge […]

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