Del. Man Gets 8 Years For $2.2M Currency Trading Scam

Law360, Wilmington (January 7, 2013, 3:52 PM EST) -- A federal judge on Monday sentenced a Delaware man to eight years in prison for allegedly swindling investors out of $2.2 million over a decade in a bogus foreign currency trading operation.

At a court hearing in Wilmington, U.S. District Judge Leonard P. Stark handed down the 97-month sentence that prosecutors had requested for Kyong Ho Kim and ordered the defendant to pay more than $2.2 million in restitution to his victims. 

Kim, 43, has been in jail since his arrest in May and pleaded guilty...
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