Former Principal of WexTrust Capital Sentenced in Manhattan Federal Court to 262 Months in Prison for Real Estate Investment Fraud Scheme
JOSEPH SHERESHEVSKY, a former Chief Operating Officer of the private equity firm WexTrust Capital, LLC (“WexTrust Capital”), was sentenced today to 262 months in prison on charges stemming from a fraud that raised more than $9 million from investors in private placement real estate offerings. SHERESHEVSKY, 54, was sentenced in Manhattan federal court by U.S. Court of Appeals Judge DENNY CHIN.