Elie Schwartz Admits To $54M CrowdStreet Fraud, Faces 20 Years In Prison

Elie Schwartz Admits To $54M CrowdStreet Fraud, Faces 20 Years In Prison

Nightingale Properties CEO Elie Schwartz pleaded guilty in federal court Wednesday to swindling more than 800 crowdfunding investors out of nearly $63M in failed bids to buy the Atlanta Financial Center and refurbish an office building in Miami Beach.

​  Nightingale Properties CEO Elie Schwartz pleaded guilty in federal court Wednesday to swindling more than 800 crowdfunding investors out of nearly $63M in failed bids to buy the Atlanta Financial Center and refurbish an office building in Miami Beach. Read MoreBisnow News Feed

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