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Tesla Stock Buy Fraud Nets 33-Mo. Sentence For Calif. Man

By Gina Kim (August 13, 2024, 9:43 PM EDT) -- A California man accused of bilking investors out of $4.7 million by falsely representing he'd use the money to buy Tesla stock before diverting it to his wholesale food distribution business was sentenced to 33 months in prison in California federal court Monday, according to the U.S. Attorney's Office for the Northern District of California....

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