Comment on Ponzi schemers sentenced to 5 years each over fake stock-market computer program that lost investors millions

Ponzi schemers sentenced to 5 years each over fake stock-market computer program that lost investors millions

Stephen Merry, David Petersen and Yaman Sencan were convicted on 20 different counts each during a jury trial in December and faced a max of 20 years in prison. But, as was anticipated, Steele gave them a lesser sentence while still ordering them to pay $2,891,898 back.

 

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