Ponzi Pair Get Prison

     LAS VEGAS (CN) – A husband and wife Ponzi team were sentenced to years in federal prison Tuesday for bilking victims of $6.5 million.
     Linda Livolsi aka Linda G. Findley aka Linda Grogg, 46, of Cleveland, Okla., was sentenced to 45 months in prison and ordered to pay $6.1 million in restitution.
     She pleaded guilty on Oct. 15, 2014, wire fraud and tax fraud.
     William Livolsi Jr., 55, was sentenced to two years in prison and ordered to pay $5 million in restitution. He pleaded guilty on Oct. 15, 2014, to wire fraud.
     They told their victims they would put the money into a profitable hedge fund, the U.S. Attorney’s Office said.

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