Overview
- Anthonie Ruinard Jr., 40, pleaded guilty to wire fraud and received a 87‑month federal sentence, three years of supervised release, and a $4,508,057 restitution order.
- Prosecutors say he operated under the name Legacy Investors Group Inc., posing as a successful investor and promising guaranteed returns in venture capital, private equity, and real estate.
- Investigators report he kept the scheme going with early payouts to some victims, excuses about market turmoil and “wire problems,” references to the war in Ukraine, and even a fake $470 million account screenshot.
- Authorities say stolen funds covered luxury cars, gambling, living and credit card expenses, and a $344,000 armored vehicle.
- In a separate state case, Ruinard is indicted in the 2023 killing of Parker League on charges including second‑degree murder and abandonment or concealment of a body, with evidence cited such as gas‑station video, use of the victim’s credit card after his death, and the victim’s DNA found in Ruinard’s car.