How Long to Read Frank A. Castaldi Charged in Multi-Million Dollar Ponzi Scheme

By Backgroundnow.com Staff

How Long Does it Take to Read Frank A. Castaldi Charged in Multi-Million Dollar Ponzi Scheme?

It takes the average reader and 32 minutes to read Frank A. Castaldi Charged in Multi-Million Dollar Ponzi Scheme by Backgroundnow.com Staff

Assuming a reading speed of 250 words per minute. Learn more

Description

Castaldi allegedly made false representations to investors about investing their principal in his various businesses, as well as the source of the funds that he used to make their interest payments. At least five years ago, Castaldi allegedly began falsely telling investors that he was placing their money with financial institutions with whom he had a special relationship and would guarantee their principal and high returns. Instead, Castaldi obtained loans and used certain investors' principal payments to make interest payments to other investors, without disclosing the true source of the interest payments, the charges allege.In 2008 alone, Castaldi allegedly renewed or issued promissory notes bearing a total face value of approximately $68 million to $69 million, in many instances representing the face value of investors' initial notes plus the investors' accumulated interest which had been rolled back into the notes.

How long is Frank A. Castaldi Charged in Multi-Million Dollar Ponzi Scheme?

Frank A. Castaldi Charged in Multi-Million Dollar Ponzi Scheme by Backgroundnow.com Staff is 32 pages long, and a total of 8,064 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Frank A. Castaldi Charged in Multi-Million Dollar Ponzi Scheme Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Frank A. Castaldi Charged in Multi-Million Dollar Ponzi Scheme aloud.

What Reading Level is Frank A. Castaldi Charged in Multi-Million Dollar Ponzi Scheme?

Frank A. Castaldi Charged in Multi-Million Dollar Ponzi Scheme is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Frank A. Castaldi Charged in Multi-Million Dollar Ponzi Scheme?

Frank A. Castaldi Charged in Multi-Million Dollar Ponzi Scheme by Backgroundnow.com Staff is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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