HALLANDALE BEACH, Fla. – A former postal employee was arrested Monday after he solicited potential investors for a fake gold and diamond investment opportunity in Africa, police said.
Lawyer Stanley Jr. is charged with one count of organized scheme to defraud, one count of first-degree grand theft and one count of third-degree grand theft.
The Florida Office of Financial Regulation said Stanley, who worked as a letter carrier for the U.S. Postal Service, solicited investments primarily from resident on his mail route, co-workers and acquaintances.
Investigators said Stanley promised some investors that he would double their investments and guaranteed certain investors millions of dollars in returns. Instead, investigators said Stanley bilked at least $2.1 million from the victims.