On May 8, 2025, Henry Abdo, 48, of Lebanon, was sentenced to 168 months in prison and ordered to pay a $300,000 fine and $375,479 in restitution by United States District Court Judge William P. Dimitrouleas.
Abdo pleaded guilty in federal court to orchestrating a fraudulent scheme that solicited over $6 million from investors under false pretences.
According to court records, Abdo’s company, Titanium Capital LLC, purported to operate a foreign exchange platform that guaranteed fixed returns for investors. In reality, Titanium Capital had no such platform, and Abdo used investor funds to pay off earlier investors and finance his personal lifestyle.
Beginning in July 2014, Abdo falsely claimed that Titanium Capital was a “zero-risk” investment fund that generated profits from fees on foreign currency transactions.
Abdo further deceived investors by claiming Titanium Capital was part of a multibillion-dollar holding company, had developed proprietary software, and was registered with the Securities and Exchange Commission.
None of these claims were true.
Court documents indicate that Abdo solicited investments through in-person meetings, emails, video conferences, and phone calls. Abdo directed potential investors to websites and promotional materials that falsely depicted Titanium Capital as a legitimate enterprise.
In truth, Titanium operated as a classic Ponzi scheme, using funds from new investors to pay earlier investors while diverting large sums of money for Abdo’s personal use, including international travel and other expenses.
In addition to fraudulent investment claims, court records reveal that Abdo attempted to bolster his credibility by falsely associating himself with various charitable and educational organisations. Abdo also falsely claimed that Titanium Capital’s profits were donated to assist the blind and handicapped.
After soliciting millions from over 200 investors, Abdo’s scheme unravelled.
Many victims were financially devastated. Several victims reported losing retirement accounts and personal savings that they had relied on for basic living expenses, such as food and medication.
