N.Y. man accused of running Ponzi scheme in Catholic newspapers

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SYRACUSE, N.Y. (RNS) Since at least 2001, Richard S. Piccoli has advertised his investment business, Gen-See Capital Corporation, in The Catholic Sun, the Syracuse diocesan newspaper. An ad in the Jan. 8 edition promised a 7.1 percent annual return on investments. Turns out that promise may have been an invitation to a scam. Federal prosecutors […]

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