The 56-year-old founder of a private equity fund was charged Tuesday with defrauding hundreds of investors out of approximately $6.5 million through unsecured promissory notes over a four-year period. Mario Giovanni Santarelli of Laguna Niguel solicited hundreds of investors nationwide between June 2020 and June 2024 to invest between $25,000 and $500,000 in unsecured promissory […]
