When your fans are the Glengarry leads, might as well take advantage

Bill O’Reilly prefers scams superficially classier than brain tonic or commemorative coins:
For years, National Realty Investment Advisors promised their clients an easy way to get rich. And they had bold-faced names like Bill O’Reilly and Lawrence Taylor making their case.
After investing a few thousand dollars, the New Jersey-based group focused on high-end real estate in gentrifying neighborhoods claimed, clients might see returns of at least 12 percent. The message was repeated in thousands of emails, on huge billboards at the Lincoln and Holland tunnel, and even radio ads featuring the former Fox News host and ex-NFL star.
But on Thursday, prosecutors alleged that the investment company’s president and an associate were in fact participating in a brazen $650 million Ponzi scheme that defrauded thousands of investors.
The U.S. Attorney’s Office in New Jersey announced an 18-count indictment, includingcharges of securities and wire fraud, against Thomas Nicholas Salzano and Rey E. Grabato II for their role in the almost four-year-long alleged scheme. The pair also allegedly tried to evade $26 million in taxes.
Salzano was also charged with aggravated identity theft, tax evasion, and subscribing to false tax returns. Prosecutors said he was arrested on Wednesday, while Grabato was on the lam. Lawyers for Salzano did not immediately respond to a request for comment.
Real Trump University vibes with this one.