 | “I’m not in the business of guessing, I make calculated trades using tested principles and algorithms since trading is using historical models to predict the future,” Caruso said last year. Victims caught in the elaborate scam were former Major League Baseball players and their families. Other victims are described as senior citizens. Caruso declared income of $22,800 in 2018.
The money Caruso and Salter stole funded their opulent lifestyles. They each lived in mansions valued at about $9 million. Caruso is the registered owner of a 2019 Lamborghini Urus. He flew to London, New York, Chicago, Los Angeles, Hawaii, Cabo San Lucas and Aruba aboard private jets over the past two years. | Caruso has taken 30 trips to Vegas, where he lost more than $1.4m in a 13-month period. |