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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Ponzi Sentence

A Texas man who pleaded guilty to securities fraud for scamming investors in a Ponzi scheme has been sentenced to five years in prison and ordered to pay $13 million in restitution.

DALLAS — A Texas man who pleaded guilty to securities fraud for scamming investors in a Ponzi scheme has been sentenced to five years in prison and ordered to pay $13 million in restitution.   

Categories / Criminal, Securities

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