Ian Mitchell, 37, swindled nearly $700,000 from friends and associates by adopting a false identity as a wealthy hedge fund manager related to the prominent Jamaican Matalon family. He convinced victims to invest based on fabrications of exclusive investment opportunities, including real estate and pre-IPO shares in firms like WeWork and Dropbox. His actions led to a guilty plea for grand larceny and bail jumping, resulting in a sentence of three to nine years in prison. Prosecutors emphasized the seriousness of impersonating others for financial gain.
At the heart of his money-grabbing plot was a fake identity, Ian Matalon, that Mitchell assumed while pretending to be a member of the prominent Matalon family of Jamaica.
Mitchell told friends and associates that he was the independently wealthy manager of the family hedge fund - and from October 2017 to the following November, said he had access to unique investment opportunities of which they could be a part.
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