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Magistrate judge case number:
Case Number:
8:10-cr-00501
Court:
Nature of Suit:
Judge:
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September 09, 2013
11th Circ. Affirms 20-Year Sentence Over $30M Ponzi Scheme
The Eleventh Circuit on Monday affirmed a 20-year prison sentence against the founder of foreign currency trading company Botfly LLC for a $30 million Ponzi scheme, finding that the lower court was justified in upping prison time beyond a plea agreement's recommendation.
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November 18, 2011
Forex Firm Owner Gets 20 Years For $30M Ponzi Scheme
A Florida federal judge on Thursday sentenced the founder of foreign currency trading company Botfly LLC to 20 years in prison for operating a $30 million Ponzi scheme.