Advertisement
Back To Daily Digest
Daily Digest Image
Tags: BUSINESS

James Moore Convicted in Coworking Ponzi Scheme Investigation

In 2017, it was uncovered that the coworking brand Bar Works was leading a Ponzi scheme operation. The investigation into the fraudulent coworking brand landed its first conviction this June.  

On Monday, federal prosecutors announced that James Moore has been found guilty of wire fraud and conspiracy for engaging in a scheme to defraud investors after a trial that lasted one week. Moore received over $1.6 million in commissions for misleading investors. Each charge against Moore carries a maximum sentence of 20 years in prison.

The mastermind behind the Bar Works’ scheme is Renwick Haddow, who has agreed to cooperate with the government’s investigation. Haddow was apprehended in Morocco last year and he pleaded guilty in May.

ABOUT Cecilia Amador de San José
Cecilia Amador de San José

Cecilia Amador de San José, Senior Associate Editor of Allwork.Space, is based from wherever her laptop is. She enjoys traveling and visiting new flexible workspaces. If you'd like Ceci to check out your workspace, feel free to reach out to her at [email protected] (and send a plane ticket). View all posts by Cecilia Amador de San José

Latest on Daily Digest

Automation Means More Jobs
Automation Means More Jobs

Office Demand Recovery Highest In Cities With New Jobs
LinkedIn Embraces Remote Working

What Returning To The Office Means For The Commute
What Returning To The Office Means For The Commute

The Impact Of The Hybrid Work Model
The Impact Of The Hybrid Work Model

The Washington Post To Require Proof Of Vaccination
The Washington Post To Require Proof Of Vaccination

Suburban Coworking Spaces Are Having A Moment
Suburban Coworking Spaces Are Having A Moment

Ad
Advertisement

FOLLOW US

  • Facebook
  • Twitter
  • LinkedIn
  • instagram
  • pinterest
Ad
Advertisement
Advertisement
Knoll + Muuto Work from Home Furniture, Lighting and Accessories
Advertisement
Advertisement