COMING TUESDAY: PART II of The “Billionaire” Buying Up Newport

COMING TUESDAY: PART II of The “Billionaire” Buying Up Newport

Forbes once deemed Nicholas Schorsch a billionaire. However, his empire unraveled after fraud charges were brought, and today, he is buying up some of Newport’s best-known businesses.

 

GoLocal has spoken to Schorsch, his advisors, politicians, journalists and dozens of others to get an understanding of his business track record. In May, GoLocal published Part I, which looked at the early days of Schorsch's career in the metal recycling business, in which his company was cited for safety and environmental violations.

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In PART II, GoLocal looks at Schorsch’s Wall Street business history, his move to Newport, and how he has ingratiated himself in Rhode Island business and politics.

 

If you have not read part one — READ HERE.