Conman who defrauded over 200 people in 24.5 Ponzi scheme sentenced to 18 years in jail

Get the Full StoryA man was sentenced to 18 years in jail in New York for running a 24.5 million Ponzi scheme in which he defrauded over 200 victims in sham loan programs and used the money to fund a lifestyle of luxury goods and lavish hotel stays ... while some of his bankrupt victims struggled to pay for chemotherapy expenses.

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