Texas Judge Says Clipped Ponzi Sentence Caused 'Heartburn'

By Lauren Castle · March 30, 2023, 9:16 PM EDT

A frustrated Texas federal judge said Thursday that sentencing an investment firm owner to eight years in prison for a $14 million Ponzi scheme caused "a great deal of heartburn," because...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Case Information

Case Title

Case Number

Court

Texas Northern

Nature of Suit

Date Filed

November 18, 2022

Recent Articles By Lauren

July 25, 2023
Car Dealer Tells Texas High Court To Revive $1M Jury Verdict
July 13, 2023
Shouting Match Breaks Out In Hearing Over $54M Verdict
July 05, 2023
Hedge Fund's Suit Aims To Stop Scrutiny, Developer Says
June 30, 2023
Texas Court Says Horizontal Drilling Under PSA Isn't Pooling
June 26, 2023
Investor Tells Texas High Court To Ax Charity's $1.9M Award
June 22, 2023
Famed Bank Robber's Fate Cited At $25M Ponzi Sentencing
May 24, 2023
Texas AG's Alleged Donor Dealings Aired In House Probe
May 16, 2023
JPMorgan Says Gas Co. Is Inconsistent In $2.3M Atty Fees Suit
May 03, 2023
Panel Doubts 'Obvious' Electrocution Risk In $15.6M Suit
April 26, 2023
Texas Appellate Court Revives Case Against CPA Firm