Judge sentences former investment company executive to 50 years in prison for $1.5B ‘Ponzi scheme’: officials

Judge sentences former investment company executive to 50 years in prison for $1.5B ‘Ponzi scheme’: officials



A Nevada judge on Thursday sentenced a former investment company executive to 50 years behind bars "for his role in a $1.5 billion Ponzi scheme” that affected more than 10,000 Japanese people, officials said.