Californian Businessman Sentenced to 30 Years in $1 Billion Ponzie
The owner of a solar company in California was sentenced to 30 years in prison this week for orchestrating a $1 billion Ponzi scheme and using the money to make extravagant purchases, including luxury properties, over 100 cars and minor league baseball teams, federal prosecutors . said. Jeff Carpoff, 50, received the highest sentence after …
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