Ex-DBSI President Gets 20 Years For Ponzi-Like Fraud

By Jeff Sistrunk ( August 21, 2014, 4:53 PM EDT) -- The former president of DBSI Inc. was sentenced in Idaho federal court to 20 years in prison for his role in running a Ponzi-like scheme through the bankrupt real estate firm, while the firm's ex-general counsel was handed a five-year sentence and two other former DBSI executives received three-year sentences, prosecutors said Thursday....

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