Real Estate Executive Elie Schwartz Pleads Guilty to $62.8M Investment Fraud Scheme in Atlanta and Miami Beach Posted on January 30, 2026 By realejuicey Elie Schwartz pleaded guilty to wire fraud for a $62.8 million investment fraud scheme, defrauding over 800 investors through misused funds for personal gains, with sentencing set for May 19, 2025. Related posts: CEO of Georgia real estate investment firm pleads guilty in nearly $63M fraud scheme Chicago real estate broker sentenced to 4 years for fraud scheme, ordered to pay more than $2M to victims Jan. 5 trial date set as two real estate brokers and a brother plead not guilty to sex trafficking See also Startup Radar: Seattle tech companies tackle real estate, mental health, performance reviews