December 06, 2011
A Florida federal judge on Tuesday sentenced an ex-convict to 20 years in prison for his role in a four-year Ponzi scheme through which he defrauded more than 100 Florida retirees and teachers out of $22 million using fake equity funds.
August 30, 2011
An ex-convict admitted Monday that he and a partner bilked $22 million out of more than 100 investors, many of them Florida teachers and retirees, through a three-year Ponzi scheme.