Hayden O’Byrne United States Attorney for the Southern District of Florida | The Florida Bar
On May 8, 2025, Henry Abdo, a 48-year-old Lebanese national, was sentenced to 14 years in prison by United States District Court Judge William P. Dimitrouleas. In addition to the prison sentence, Abdo was ordered to pay a $300,000 fine and $375,479 in restitution.
Abdo had pled guilty in federal court for running a fraudulent scheme through his company, Titanium Capital LLC. The scheme involved soliciting over $6 million from investors under false pretenses. Court records revealed that Titanium Capital falsely claimed to operate a foreign exchange platform with guaranteed fixed returns. Instead of investing the funds as promised, Abdo used them to repay earlier investors and fund his personal expenses.
Starting in July 2014, Abdo misled investors by portraying Titanium Capital as a “zero-risk” investment fund profiting from foreign currency transaction fees. He further claimed that the company was part of a multibillion-dollar holding group with proprietary software and registration with the Securities and Exchange Commission—all of which were untrue.
Court documents detailed how Abdo attracted investments through various means including meetings, emails, video conferences, and phone calls. Promotional materials falsely depicted Titanium Capital as legitimate while it operated as a Ponzi scheme using new investor funds to pay previous ones and support Abdo's lifestyle.
To gain credibility, Abdo falsely associated himself with charitable organizations and claimed donations were made from profits to assist the blind and handicapped. His scheme affected over 200 investors who suffered significant financial losses; some lost retirement accounts or savings crucial for basic needs.
The announcement was made by U.S. Attorney Hayden P. O’Byrne for the Southern District of Florida alongside acting Special Agent in Charge Brett Skiles of the FBI Miami Field Office.
The case was investigated by FBI Miami’s Palm Beach Resident Agency and prosecuted by Assistant U.S. Attorneys Jonathan Bailyn and Justin Chapman in West Palm Beach, Florida.
Further details can be found on the website of the District Court for the Southern District of Florida or through their PACER system under case number 23-cr-80209.
