An unassuming Brooklyn computer salesman who in 1998 committed one of the nation’s most outlandish bank frauds before making a brazen escape is now the subject of an intensifying manhunt by U.S. Marshals John Ruffo swindled banks out of more than $350M
This report is part of," hosted by "The View's" Sunny Hostin. It follows the U.S. Marshals' ongoing mission to find John Ruffo, who engineered one of the most outlandish frauds in U.S. history, vanished in 1998 and has never been found. A four-part Hulu Original limited series on the global search for Ruffo is currently in production from ABC News Longform.
The case has for decades baffled investigators, who never fully understood why Ruffo was granted the unusual privilege of being allowed to self-report for such a hefty prison term. On the day he was supposed to show up at prison, he rented a Ford Taurus, drove to Queens, New York, to turn in the ankle monitor he had been wearing, took $600 out of an ATM, left his car in long term parking at JFK airport, and disappeared.
A grifter with a history of elaborate cons and an un-memorable everyman appearance, Ruffo has proven an unusually challenging target, investigators said. The Marshals believe his disappearance was aided considerably by more than $13 million in stolen money that has never been found. “I mean, it's a crazy story,” said Judd Burstein, the veteran attorney who represented Ruffo after his arrest in 1997. “He was very disciplined. He was the ultimate double life person.”The job of finding Ruffo has been assigned to an elite pair of investigators who have expertise in cold cases, Deputy Marshals Danielle Shimchick and Chris Leuer, both based out of Virginia.
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