Stories Related to 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.

Sections:  u.s.   
Topics:  Alabama   Mobile County   Mobile   
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