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News Article Summary:
Yesterday in Brooklyn, Thomas John Sfraga, also known as “T.J. Stone,” pleaded guilty to wire fraud in federal court. Sfraga, who posed as a successful entrepreneur, swindled over $1.3 million from victims by convincing them to invest in fraudulent ventures. The government’s case is being handled by the Office’s Business and Securities Fraud Section, and Sfraga faces a significant sentence when he is sentenced. United States Attorney Breon Peace stated that the office will continue to hold fraudsters accountable and achieve justice for victims in the Eastern District of New York and across the United States.
