Damian Williams, the United States Attorney for the Southern District of New York, announced today that JAMES MOORE was sentenced today to 140 months in prison for helping design and operate a scheme to defraud more than 800 investors of more than $57 million by making false and fraudulent representations about, among other things, the management, profitability, and operations of a co-working space company called Bar Works Inc. and related entities (“Bar Works”). On June 7, 2019, MOORE was found guilty of wire fraud and conspiracy to commit wire fraud following a week-long jury trial before United States District Judge Richard M. Berman, who also imposed today’s sentence.
U.S. Attorney Damian Williams said: “James Moore partnered with notorious fraudster Renwick Haddow to design a massive Ponzi scheme that lured hundreds of unsuspecting investors from around the world, and from which Moore and affiliated companies siphoned 65 percent of each of their recruited victims’ investments. Moore then obstructed justice and lied about the scheme to federal agents. Today’s lengthy sentence sends a clear message that perpetrators of investment fraud will be prosecuted and held accountable.”
According to the allegations contained in the Indictment filed against James Moore and statements made in related court filings and proceedings, including his trial:
In late 2009, MOORE partnered with Renwick Haddow, who is also a British citizen, to sell investments in a…
