Office Assistant Pleads Guilty In $8M Ponzi Scheme

Law360, New York (January 21, 2011, 6:23 PM EST) -- The administrative assistant and office manager for a Tennessee investment adviser serving eight years for defrauding investors has pled guilty to mail fraud and money laundering charges related to the $8 million Ponzi scheme.

Donna Jones entered the guilty plea Thursday in the U.S. District Court for the Middle District of Tennessee. She faces up to 50 years in prison on the two counts with a sentencing hearing scheduled for April 28.

She was served with a 17-count indictment in March.

Jones was the office manager...
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