Two New Rochelle Men Among Seven Indicted In A $1 Billion “Ponzi-esque” Investment Fraud

Two New Rochelle businessmen were among seven people arrested at their homes this morning and charged in connection with a massive investment fraud in an eight-count indictment unsealed this morning in federal court in Brooklyn, New York. The indicted individuals include Platinum Founder and Chief Investment Officer Mark Nordlicht, 48, who resides at 245 Trenor Drive in New Rochelle, NY and Former Platinum Managing Partner and President Uri Landesman, 55, who resides at 25 Lovell Road in New Rochelle, NY.