Ponzi Fraudster Faces 45 Years After Guilty Plea
James Nicholson pled guilty to mail fraud, securities fraud and investment adviser fraud in the U.S. District Court for the Southern District of New York, according to a statement from the U.S. attorney's office. He faces a combined maximum sentence of 45 years in prison for all three charges.
"James Nicholson swindled his victims out...
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