New Jersey lady Antoinette (Dina) Hodgson charged in $45 million Ponzi scheme

A New Jersey mom of 3 ran a Ponzi intrigue that bilked investors of $45 million - and afterwards blew most of it gambling, sovereign prosecutors say.Antoinette (Dina) Hodgson, 58, solicited millions from investors in New York and New Jersey in between 2006 and 2009 for her genuine estate business, but "used those supports to pay off alternative investors or for her own purposes," writings filed in Manhattan Federal Court say.She invested $700,000 in an Arizona Dunkin" Donuts authorization and "spent hundreds of thousands of dollars at casinos in Atlantic City and Las Vegas," the writings say.Defense counsel Jack Arsenault pronounced the feds are floating the box out of proportion.Hodgson, who pleaded not guilty, was charged with one equate of handle rascal and one equate of conspiracy, and expelled on $6million down payment cumulative with twenty-four properties.She faces up to twenty years in prison if convicted.
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