ATM Investment Fraudsters Must Pay $58M Restitution
Walter Netschi and co-conspirator Vance Moore must pay about $58.4 million to investors they swindled, U.S. District Judge Thomas P. Griesa ruled. The decision caps off federal prosecutors' 20-month-long case against the two.
Judge Griesa sentenced Netschi to more than eight years in prison in April, following his November conviction on one count of conspiracy and nine counts of wire...
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