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Split 7th Circ. Scraps Sentence Over $37M Retiree Scheme

By Cara Mannion ( December 13, 2016, 8:21 PM EST) -- The Seventh Circuit on Monday nixed a retirement services salesman's seven-year sentence for allegedly deceiving retirees into investing in a $37 million Ponzi scheme the panel said he was never accused of knowing was a scam, finding the lower court failed to establish the extent of his liability....

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