EXCLUSIVE: Federal Agents Raid Former U.S. Marine Aubin’s Home — Alleged Ponzi Schemer
GoLocalProv News Team
EXCLUSIVE: Federal Agents Raid Former U.S. Marine Aubin’s Home — Alleged Ponzi Schemer
A cadre of law enforcement arrived at the home in Walpole that Aubin has been renting in six black vehicles, along with a flatbed tow truck and a Walpole police officer.
An ongoing investigation by GoLocal, which began in September of 2024, unveiled the alleged scheme by Aubin that impacted dozens of individuals in Rhode Island, Massachusetts, and across the country.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTGoLocal has tracked down 20 victims — some who live as far away as Arizona.
Patsy Sperduto, who was the first to alert GoLocal of Aubin’s activities, said on Thursday, “I am grateful that law enforcement is taking action. I think all of us who have been impacted by this scheme hope there is justice.”
Latest for Aubin
Aubin, a former United States Marine, promised investors big returns for short-term investments and took in millions of dollars.
More than a dozen investors have filed civil cases against Aubin in Rhode Island and Massachusetts courts.
Some of his alleged victims claim that Aubin is living large off their money.
Aubin and his girlfriend, Ashley Corcoran, who is also named in a civil cases, often posted photos from charter planes and on vacation in places like Greece.
He repeatedly claimed that he was making big money for investors, but the investors allege they got swindled over and over again.
Aubin used his military service record to build trust with investors.
He repeatedly made claims, but then he could not provide any proof.
In September of 2024, Aubin said he was working to help fellow vets.
In the interview with GoLocal, Aubin could not point to any projects that he has completed with investors' monies. He said he was working to build homes for veterans.
“We are a growing company; we are veteran-owned,” said Aubin, repeating a number of times.
His company's website claims it is able to do "hard money lending."
"Looking to take out a loan? Get money when you need it! We prioritize efficiency and speed, ensuring that you can access cash in as little as 48 hours from application to disbursement. Whether you're looking to fund a new investment venture, undertake a home renovation project, cover unexpected expenses, or consolidate debt, our streamlined loan process makes it easy to get the money you need, when you need it most."
"Our team of experienced professionals bring a wealth of knowledge and expertise to the table," states Aubin's company's website. According to Rhode Island business records, Aubin's company, Anchor State Investments, was registered in May of 2023.
In the interview, Aubin admitted he had no projects in Rhode Island, but “some in Mass” but could not name them.
"But most of our [projects are] southern, southeast, like the United States, like Tennessee, the Carolinas, Texas.”
When asked about the status of these projects, specifically how many units have been completed, and whether tenants are living in them, Aubin said, "Our goal is 200 total units…so those projects are all over."
When asked if any of the projects were completed, Aubin said, “Well, I don’t want to speak as we have not done the announcement yet.”
“We are filling for a foundation to help veterans transition. We are filing it now; it's called ‘Combat Care Foundation,’” said Aubin.
There is no sign of the organization besides an Instagram page with 22 followers and nine posts that exist.
“Combat Care Charity Organization LIFE AFTER MILITARY! Foundation for first responders and veterans providing educational, mental, physical and general life assistance,” states the Instagram page.
The organization does not appear to have a website or a designation as a not-for-profit 501 (c)(3) designation from the IRS.
Now, eight months later, Aubin’s claims are unraveling.
THIS STORY IS DEVELOPING…