Merrick B. Garland, Attorney General | https://www.justice.gov/
Merrick B. Garland, Attorney General | https://www.justice.gov/
Earlier today, a superseding indictment was filed at the federal courthouse in Central Islip against Adam Kaplan. The indictment adds two counts of attempted obstruction of justice related to a grand jury investigation in the Eastern District of New York and during his pretrial release on fraud charges. Additional charges include conspiracy to commit wire fraud, bank fraud, and money laundering against both Adam Kaplan and Daniel Kaplan.
In July 2023, both brothers were charged with conspiracy to commit wire fraud, wire fraud, investment advisor fraud, and money laundering. These charges are linked to a scheme that defrauded at least 50 victims out of more than $5 million. The arraignment for the new charges will occur at a later date.
John J. Durham, United States Attorney for the Eastern District of New York, and James E. Dennehy from the FBI's New York Field Office announced these developments.
“As alleged in the superseding indictment, before his arrest...Adam Kaplan attempted to threaten and injure victims and witnesses and bribe law enforcement,” stated United States Attorney Durham. “This Office will not tolerate attempts by defendants to undermine the criminal justice process.”
FBI Assistant Director Dennehy added: "Adam Kaplan allegedly ordered threats be made to his victims...Kaplan’s alleged actions reflect remorselessness as he continued to make concerted efforts to protect his multimillion-dollar fraud scheme."
Court filings reveal that between May 2018 and November 2022, Adam Kaplan and Daniel Kaplan defrauded clients including elderly and disabled individuals out of $5 million through their financial services firm. Between January 2023 and September 2024, additional fraudulent activities resulted in another $1 million being stolen.
The indictment further accuses Adam Kaplan of attempting to influence an ongoing federal investigation by threatening witnesses, fabricating evidence such as fake emails from victims for trial use, engaging in schemes while on pretrial release, bribing officials from the Department of Justice, committing credit card fraud using burner phones under aliases.
Individuals who were clients of either brother are encouraged to file complaints via www.iC3.gov referencing “Adam Kaplan” or “Daniel Kaplan.”
The prosecution is led by Assistant United States Attorneys Adam Toporovsky and Paul Scotti with Paralegal Specialist Janelle Robinson assisting.
Alerts Sign-up