2009-01-28 — finalternatives.com
``Nicholas Cosmo of Hauppauge, N.Y.-based Agape World Inc. was arrested Monday and charged with defrauding investors of more than $370 million. He was arraigned on mail fraud charges in federal court in Central Islip, N.Y. He was order held in jail until tomorrow, when his lawyers will respond the criminal complaint and a bail hearing will be held.''
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