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Developer’s Ponzi Scheme Ends in Prison | Real Estate News
Josh Schuster, a developer behind a $13 million Ponzi scheme, got four years in federal prison — and three more years of supervised release after — as Judge Valerie Caproni slammed his “reformed” act, noting he still lived lavishly post-fraud. While the sentencing guidelines called for 41 months, the judge rejected his home confinement plea, stressing the need to send a message to other white-collar criminals. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public…
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