Jason Galanis Gets 14 Years In $63M Tribal Bond Scheme

Law360, New York (August 11, 2017, 8:13 PM EDT) -- A New York federal judge sentenced inveterate white collar fraudster Jason Galanis to 173 months in prison for masterminding a $63 million bond fraud against a Native American tribal entity, with all but 60 months of it to run concurrently with the stretch he earned for running the Gerova Financial Ltd. pump-and-dump scheme.

U.S. District Judge Ronnie Abrams intended to sentence Galanis, 47, to a guideline of 188 months, with 128 of them to run concurrently with Galanis' sentence in the $20 million Gerova caper, but...
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