Provident Founder Gets 20 Years In $428M Ponzi Scheme
By Jeremy Heallen ( May 4, 2012, 6:40 PM EDT) -- A Texas federal judge on Thursday sentenced the co-founder of defunct Provident Royalties LLC to a 20-year prison term for his role in a pair of oil and gas investment Ponzi schemes that netted more than $428 million from thousands of victims....
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