Par Funding's Ex-CEO Gets 15½ Years For Racketeering, Fraud

By P.J. D'Annunzio · March 26, 2025, 7:21 PM EDT

Par Funding ex-CEO Joseph LaForte was sentenced to 15½ years in prison Wednesday for his role in running a $404 million racketeering conspiracy that prosecutors said involved him bilking the cash...

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Case Information

Case Title

USA v. LAFORTE, et al.

Case Number

2:23-cr-00198

Court

Pennsylvania Eastern

Nature of Suit

Date Filed

May 05, 2023