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Sat Dec 21, 2019, 04:06 PM

Florida Man Sentenced To More Than 6 Years In Prison For Defrauding Investors Of Nearly $1 Million

Florida Man Sentenced To More Than 6 Years In Prison For Defrauding Investors Of Nearly $1 Million And Attempting To Flee Before Sentencing


Geoffrey S. Berman, the United States Attorney for the Southern District of New York, and William F. Sweeney Jr., the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (“FBI”), announced that PEDRO ANDRES OSORIO was sentenced by U.S. District Judge William H. Pauley III to 76 months in prison for his role in a scheme to defraud investors of more than $1 million. OSORIO pled guilty before Judge Pauley on September 4, 2019, to one count of wire fraud.

U.S. Attorney Geoffrey S. Berman said: “Pedro Andres Osorio defrauded his friends and family of nearly $1 million by convincing them to invest in his sham liquor company. Osorio’s scheme destroyed his victims’ financial and emotional wellbeing. Rather than take responsibility for his actions and face his victims, Osorio was caught trying to flee the country before his sentencing. Now Osorio will spend years in prison for his betrayals of his investors and the Court.”

FBI Assistant Director William F. Sweeney Jr. said: “Not only did Osorio steal from people within his inner circle to keep up the façade of his fraudulent investment scheme, he attempted to leave the country after being released on bond in an attempt to escape the consequences of his actions. Today Osorio has learned the hard way that two wrongs certainly don’t make things right.”

According to the allegations in the Complaint, the Indictment, and other documents filed in federal court, as well as statements made in public court proceedings:

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