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Justin Rieger’s final fraud: Police say Taneytown teacher spent investor funds on trips, bills, gambling

Rieger lost at least half a million in investor dollars on sports betting, records show

Justin Rieger, shown in 2020, has been accused of defrauding investors in a widespread "Ponzi scheme" that involved investors in at least six states, according to a Baltimore Sun investigation. (File)
Justin Rieger, shown in 2020, has been accused of defrauding investors in a widespread “Ponzi scheme” that involved investors in at least six states, according to a Baltimore Sun investigation. (File)
Kate Cimini
UPDATED:

By the time Justin Rieger died by suicide on Feb. 4 — amid law enforcement investigations into sexual abuse and financial fraud — he was all but broke, having frittered his and others’ money away on personal purchases, gambling and sports betting apps.

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