Ga. Atty Gets 10 Years, $16M Fine For Ponzi Scheme

Law360, New York (August 20, 2009, 5:33 PM EDT) -- Georgia attorney Robert P. Copeland was sentenced Thursday to more than 10 years behind bars and ordered to pay more than 16 million after pleading guilty to cheating investors in a $40 million Ponzi scheme.

Judge Beverly Martin of the U.S. District Court for the Northern District of Georgia sent Copeland to jail for 121 months and ordered the disgraced real estate lawyer to pay $16.7 million in restitution.

U.S. Attorney for the Northern District of Georgia David Nahmias hailed the sentences as “retribution and punishment”...
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