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Irish Socialite Handed 7 Years For $11M Ponzi Scheme

By Aebra Coe ( October 8, 2014, 6:04 PM EDT) -- Irish businessman and socialite Breifne O'Brien was sentenced by an Irish court Wednesday to seven years in prison for allegedly running a $10.8 million Ponzi scheme, in which he hawked sham property investments before the country's real estate collapse in 2008, according to a prosecutor....

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