June 15, 2011

Jamba Juice...Could it have Saved the Mets, Wilpons?

46-year-old Michael T. Guidice "claimed to own 25 Jamba Juice locations, including the one in Times Square, one at the Garden State Mall in Paramus and one in New Brunswick," said Theodore Romankow, Union County prosecutor. Mike set up meetings with marks in which he made the following pitch:

Put your money behind his network of Jamba Juice locations and get a five-fold return in 60 days.

Last week he found one person who didn't question an investment with a 2-month, 400% return. No, not Fred Wilpon. An undercover police officer.

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