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Investment fraud charged against brothers who stole millions

By Chris Jamele

Buffalo, NY – A fraudulent investment scheme has resulted in federal charges against a pair of brothers.

Twenty-three year old Michael Wilson is facing forty-seven counts of wire fraud, money laundering and conspiracy. Twenty-one year old William Wilson faces two counts of wire fraud and conspiracy. The pair used a phony investment firm, called New Frontier, with a Hamburg, New York location, to bilk investors out of millions.

Michael is being sought in Canada, while William was arrested in Ohio.