11th Circ. Upholds Conviction For $20M Ponzi Scheme

By Carolina Bolado ( August 14, 2017, 2:28 PM EDT) -- The Eleventh Circuit on Friday confirmed the conviction and the 17-year sentence of a Michigan man for a Ponzi scheme in which he duped investors out of more than $20 million based on false promises that he would put the funds into oil ventures. . . .

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