Josh Schuster appeared in a Manhattan courtroom on a dreary afternoon in February and — after years of denials and cover-ups — admitted to stealing more than $10 million from his investors. “I’m ashamed,” the disgraced developer said as he pleaded guilty to what federal prosecutors describe as a Ponzi-like scheme. It was an epic fall from grace for the 42-year old, a once-promising hot shot who impressed those around him with his lavish lifestyle. Things began to unravel five years ago when partners discovered his theft and booted him from his marquee development: a $150 million condo building near […]
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