WHO: Long Island attorney Kevin Cohen
WHAT: He advertised that his own experience as an adopted child inspired him to help people seeking to start families. But Kevin Cohen, 41, is now charged with operating a Ponzi-type scheme that cheated couples from New York to Texas by promising to find them children that didn’t exist.
WHO’S ACCUSING HIM: One Long Island couple got suspicious and told prosecutors they paid Cohen $60,000 in fees for a promised baby that was never delivered. As news spread, 15 other couples from New York, Georgia, Ohio and Texas came forward with similar stories.
HOW IT WORKED: Cohen came up with numerous excuses of why adoptions were delayed and more fees were needed. In classic Ponzi style, he partially refunded some disappointed couples with money he collected from other people he’d promised babies to.