Tyler Bossetti, a 31-year-old social media finance influencer based in Columbus, Ohio, is accused of defrauding investors out of more than $11 million through what prosecutors describe as a real estate-based Ponzi scheme. While he promoted himself online as a financial success story and property investment expert, federal charges allege he misused investor funds for personal luxury purchases and high-risk cryptocurrency trading. In this blog, we’ll break down what’s been revealed so far about the scheme, how it operated, and what investors should know if they believe they were misled or financially harmed.
While this specific type of case isn’t the usual type of work for our securities fraud attorneys, Meyer Wilson Werning can help those that have been impacted by a financial advisor or broker. Our attorneys are experienced in broker misconduct cases and will help to guide you through the process with a free consultation.
The Alleged Real Estate Investment Fraud Scheme
According to federal prosecutors, Tyler Bossetti presented himself as a real estate expert offering high-return investment opportunities. He claimed that investors could expect returns of 30% or more through his property-flipping ventures. However, court documents tell a different story—one in which investor money was allegedly redirected into luxury purchases and speculative trades.
The Charges and Claims Against Bossetti
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False promises of high returns: Bossetti allegedly lured investors by promising large profits from real estate deals—returns that were highly unrealistic and unsustainable.
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Misuse of investor funds: Rather than using investor money exclusively for property acquisitions and renovations, prosecutors claim he diverted funds to cover personal expenses, including luxury housing and vehicles.
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Speculative cryptocurrency losses: Records indicate that some investor money was used in cryptocurrency ventures that resulted in major financial losses.
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Ponzi-like fund movement: New investor money was reportedly used to pay older investors, a classic red flag in Ponzi schemes.
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$900,000 wired to himself: In one instance, Bossetti allegedly transferred $900,000 to himself via interstate wire in June 2022.
Court filings state that between September 2019 and June 2023, Bossetti took in more than $20 million from investors, while over $11 million of that is now confirmed as losses.
Civil Litigation On Top of Criminal Charges
Beyond the federal wire fraud case, Bossetti and his business entities—Boss Lifestyle LLC and Bossetti Enterprises LLC—are facing at least a dozen civil lawsuits in Franklin County related to alleged mishandling of money and lost investments. Many of these suits remain active.
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Social Media Influence and Public Persona
What makes this case particularly disturbing for many victims is how Bossetti used social media to establish credibility and build trust with a large audience.
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Over 1 million Instagram followers: Bossetti gained notoriety by positioning himself as a successful entrepreneur and investment mentor.
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Podcast and Substack promotions: He hosted the “All for Nothing” podcast and ran a Substack page with tens of thousands of subscribers.
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Ongoing self-promotion: Even after being charged, Bossetti has continued to post content soliciting clients for credit services and encouraging people to reach out to his team.
In an April 2025 Substack post—published after news of his indictment—Bossetti made dismissive remarks toward critics and doubled down on his marketing, appearing to remain active in recruiting new clients despite the federal charges.
This level of public engagement can blur the line between influencer branding and legitimate financial guidance. For followers who saw him as a trusted figure, the allegations may feel like a deep betrayal.
Comparing Bossetti’s Alleged Scheme to Classic Ponzi Fraud
While the use of social media and cryptocurrency makes this case feel modern, the underlying pattern resembles many classic fraud schemes:
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Promises of unusually high and consistent returns
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A charismatic figure who claims to have special investment insight
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Lack of transparency about how funds are actually used
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Payments to old investors using money from new ones
What sets Bossetti’s case apart is how it may reflect a growing trend: financial fraudsters using online platforms to build trust at scale, reaching thousands—or even millions—of potential victims without regulatory oversight.
Investors, especially those without formal financial education, often rely on the perceived success and confidence of social media personalities. When those influencers step outside the boundaries of legality or ethics, the results can be financially devastating.
Our lawyers are nationwide leaders in investment fraud cases.
Now Is the Time to Take Action If You’ve Been Affected
If you invested money with Tyler Bossetti, or with his companies Boss Lifestyle LLC or Bossetti Enterprises LLC, and are now facing losses, this may be the time to explore your legal options. Cases like these often involve complex financial transactions and can move quickly once charges are filed. Investors who have been misled, defrauded, or lost money due to the misuse of funds may have grounds for legal action – even if the wrongdoing wasn’t uncovered until now.
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Frequently Asked Questions
Who is Tyler Bossetti?
Tyler Bossetti is a Columbus-based social media finance influencer facing federal wire fraud charges. He allegedly defrauded investors out of over $11 million through a real estate investment scheme.
What were investors told they were investing in?
Investors were promised high returns—sometimes over 30%—from property-flipping deals. However, court records allege the money was often used for personal purchases and high-risk crypto trades.
Are there lawsuits in addition to the criminal charges?
Yes. At least 12 civil lawsuits have been filed against Bossetti and his companies in 2023 and 2024 related to mishandling of funds and investor losses.
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