Scam Artist Receives 13 Years In Prison

Law360, New York (February 24, 2006, 12:00 AM EST) -- An Atlanta man convicted of bilking over 12,000 investors out of $400 million last year was given 13 years in jail for his role in a massive payphone scheme.

Charles E. Edwards, the founder of ETS Payphones Inc., was sentenced to jail by U.S. District Court Judge Jack T. Camp for his role in a nationwide scam which duped thousands of investors across the United States.

Edwards, 67, was sent to prison on charges of money laundering, conspiracy to commit money laundering and wire fraud. The...
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