Please E-mail suggested additions, comments and/or corrections to Kent@MoreLaw.Com.
Help support the publication of case reports on MoreLaw
United States of America v. Henry Abdo
Date: 05-09-2025
Case Number:
Judge:
Court: The United States District Court for the Southern District of Florida
Plaintiff's Attorney: The United States Attorney’s Office for Miami
Defendant's Attorney:
Click Here For The Best Miami, Florida Criminal Defense Lawyer Directory
Click Here For The Best Miami, Florida Criminal Defense Lawyer Directory
Description:
Lebanese National Sentenced to Fourteen Years in Prison for Running a Ponzi-Scheme
Henry Abdo, 48, of Lebanon, was sentenced to 168 months in prison and ordered to pay a $300,000 fine and $375,479 in restitution by United States District Court Judge William P. Dimitrouleas.
Abdo pled guilty in federal court to orchestrating a fraudulent scheme that solicited over $6 million from investors under false pretenses. According to court records, Abdo's company, Titanium Capital LLC, purported to operate a foreign exchange platform that guaranteed fixed returns for investors. In reality, Titanium Capital had no such platform, and Abdo used investor funds to pay off earlier investors and finance his personal lifestyle.
Beginning in July 2014, Abdo falsely claimed that Titanium Capital was a "zero-risk†investment fund that generated profits from fees on foreign currency transactions. Abdo further deceived investors by claiming Titanium Capital was part of a multibillion-dollar holding company, had developed proprietary software, and was registered with the Securities and Exchange Commission. None of these claims were true.
Court documents indicate that Abdo solicited investments through in-person meetings, emails, video conferences, and phone calls. Abdo directed potential investors to websites and promotional materials that falsely depicted Titanium Capital as a legitimate enterprise. In truth, Titanium operated as a classic Ponzi scheme, using funds from new investors to pay earlier investors while diverting large sums of money for Abdo's personal use, including international travel and other expenses.
In addition to fraudulent investment claims, court records reveal that Abdo attempted to bolster his credibility by falsely associating himself with various charitable and educational organizations. Abdo also falsely claimed that Titanium Capital's profits were donated to assist the blind and handicapped.
After soliciting millions from over 200 investors, Abdo's scheme unraveled. Many victims were financially devastated. Several victims reported losing retirement accounts and personal savings that they had relied on for basic living expenses, such as food and medication.
U.S. Attorney Hayden P. O'Byrne for the Southern District of Florida and acting Special Agent in Charge Brett Skiles of the FBI, Miami Field Office, made the announcement.
FBI Miami's Palm Beach Resident Agency investigated the case.
Assistant U.S. Attorney Jonathan Bailyn and Justin Chapman in West Palm Beach, Florida, prosecuted it.
Miami, Florida criminal defense lawyer represented the Defendant charged with Running a Ponzi-Scheme
Lebanese National Sentenced to Fourteen Years in Prison for Running a Ponzi-Scheme
Henry Abdo, 48, of Lebanon, was sentenced to 168 months in prison and ordered to pay a $300,000 fine and $375,479 in restitution by United States District Court Judge William P. Dimitrouleas.
Abdo pled guilty in federal court to orchestrating a fraudulent scheme that solicited over $6 million from investors under false pretenses. According to court records, Abdo's company, Titanium Capital LLC, purported to operate a foreign exchange platform that guaranteed fixed returns for investors. In reality, Titanium Capital had no such platform, and Abdo used investor funds to pay off earlier investors and finance his personal lifestyle.
Beginning in July 2014, Abdo falsely claimed that Titanium Capital was a "zero-risk†investment fund that generated profits from fees on foreign currency transactions. Abdo further deceived investors by claiming Titanium Capital was part of a multibillion-dollar holding company, had developed proprietary software, and was registered with the Securities and Exchange Commission. None of these claims were true.
Court documents indicate that Abdo solicited investments through in-person meetings, emails, video conferences, and phone calls. Abdo directed potential investors to websites and promotional materials that falsely depicted Titanium Capital as a legitimate enterprise. In truth, Titanium operated as a classic Ponzi scheme, using funds from new investors to pay earlier investors while diverting large sums of money for Abdo's personal use, including international travel and other expenses.
In addition to fraudulent investment claims, court records reveal that Abdo attempted to bolster his credibility by falsely associating himself with various charitable and educational organizations. Abdo also falsely claimed that Titanium Capital's profits were donated to assist the blind and handicapped.
After soliciting millions from over 200 investors, Abdo's scheme unraveled. Many victims were financially devastated. Several victims reported losing retirement accounts and personal savings that they had relied on for basic living expenses, such as food and medication.
U.S. Attorney Hayden P. O'Byrne for the Southern District of Florida and acting Special Agent in Charge Brett Skiles of the FBI, Miami Field Office, made the announcement.
FBI Miami's Palm Beach Resident Agency investigated the case.
Assistant U.S. Attorney Jonathan Bailyn and Justin Chapman in West Palm Beach, Florida, prosecuted it.
Outcome:
Plaintiff's Experts:
Defendant's Experts:
Comments:
About This Case
What was the outcome of United States of America v. Henry Abdo?
The outcome was:
Which court heard United States of America v. Henry Abdo?
This case was heard in The United States District Court for the Southern District of Florida, FL.
Who were the attorneys in United States of America v. Henry Abdo?
Plaintiff's attorney: The United States Attorney’s Office for Miami. Defendant's attorney: Click Here For The Best Miami, Florida Criminal Defense Lawyer Directory.
When was United States of America v. Henry Abdo decided?
This case was decided on May 9, 2025.