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Sunday, July 14, 2024 | Back issues
Courthouse News Service Courthouse News Service

Fraud Sentencing

A federal judge on Tuesday sentenced a dual resident of Texas and Panama to more than seven years in prison and ordered him to pay $8.2 million in restitution for lying about shipping containers that his company sold and promised to lease on behalf of investors.

HOUSTON – A federal judge on Tuesday sentenced a dual resident of Texas and Panama to more than seven years in prison and ordered him to pay $8.2 million in restitution for lying about shipping containers that his company sold and promised to lease on behalf of investors.

Categories / Business, Criminal, Securities

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