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Ponzi King Sentenced in St. Louis | Springfield Missouri News
A 38-year-old St. Louis financier, Siddharth Jawahar, just got an 11-year prison sentence and must pay back $31 million after running a $35 million Ponzi scheme that fooled investors with fake overseas tobacco investments. Instead of admitting failure, he lied about profits, using new victims’ money to pay old ones—and lived lavishly on private jets, luxury apartments, designer gear, and gourmet meals. The case even drew attention when NFL star Travis Kelce was reportedly involved. Jawahar pleaded guilty in 2026, and this massive fraud underscores how greed built on others’ trust always…
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