The Nicholas Cosmo Ponzi Scheme

The previous home of Cousins Paintball was turned into the largest indoor sports facility on Long Island by a sports enthusiast version of Bernie Madoff. A whopping $3.5 Million was forked up to purchase Cousins Paintball through investor money, although Federal Prosecutors say it was purchased illegally. Read the full story on the Wall Street Journal Blog

Credit: 68caliber

This article was authored by Chase – who has written 311 paintball news and gear articles.