One Sorry Ferrari
Online gaming CEO hustles car broker and scams investors with an IPO that never happened
Sandy John Masselli leased a Ferrari, a Mercedes and several other luxury cars from a New Jersey auto broker, and he got the broker to pay for them.
Masselli, CEO of Carlyle Entertainment, deftly flipped the sales script on the broker, claiming his online gaming company was about to do an initial public stock offering.
He offered the broker a chance to g…
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