answersLogoWhite

0

Jeffrey Butler was sentenced to 15 years in prison for his role in a Ponzi scheme that defrauded investors out of millions of dollars. He was found guilty of multiple counts, including wire fraud and securities fraud. The scheme promised high returns but ultimately resulted in significant financial losses for many investors. In addition to prison time, Butler was also ordered to pay restitution to the victims.

User Avatar

AnswerBot

2mo ago

What else can I help you with?

Related Questions

When was The Ponzi Scheme created?

The Ponzi Scheme was created on 1998-03-31.


When did Caritas - Ponzi scheme - end?

Caritas - Ponzi scheme - ended in 1994.


When was Caritas - Ponzi scheme - created?

Caritas - Ponzi scheme - was created in 1992.


Which investors lost money in Madoff ponzi scheme?

If you were an investor in Madoff's ponzi scheme, you lost money.


How does the ponzi scheme relate to Agape scandal?

The Agape scandal was the fact that they were defrauding people with the Ponzi scheme.


What were some get rich quick schemes of the 1920's?

The Ponzi Scheme/ Pyramid Scheme Created by Charles Ponzi


What is e cash scheme?

ponzi


How is Social Security a Ponzi scheme?

You can joke it is like a Ponzi scheme as far as money from one investor is used to "pay" another and so on....


What is the definition of a ponzi scheme?

The definition of a ponzi scheme is that ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from profits earned by the individual or organization running the operation.


Is it okay for leaders of a baptist church in layton utah to take part in a ponzi scheme?

It is never ok to take part in a ponzi scheme. It is not honest or legal.


Can you get a sentence with dryer?

Fredric "Rick" Dryer -- Ponzi Scheme Fraudster Sentenced to 132 ...chuckgallagher.wordpress.com/.../fredric-"rick"-dryer-ponzi-scheme...Feb 22, 2009 -- Ordered to pay $3.4 million in restitution, Dryer was sentenced to 132...Now think of it, if someone told you that he/she could get you a return ...


Where does toothfairy get the money?

Ponzi scheme. Really, i heard it on Oprah.

Trending Questions
What legal action can be taken to address copyright infringement and ensure that the unauthorized use of intellectual property comes to a cease and desist? How many names are on the national law enforcement memorial? Do you go to law school after you get a bachelors degree? Can a job legally refuse to pay you for work completed? What was enacted by several states following the Civil War as a means of keeping poor blacks from voting? What gang was tupac from? Do you need to notarize a codicil in ct? How is the procedure to send controlled substances legally to a rig in the Gulf of Mexico for medical proposes? What does set disposition code passed generally mean? Is it legal for stores to check your receipt? When you have 2 executor's and 1 of them put you as a secondary executor what happens? What will happen if kidnapping charges are pressed towards a minor kidnapping another minor? How did Lexington Kentucky get its name? What was the goal of the anti federalist papers? What steps does the process of impeachment involved? MY FATHER DIED 2001 AND LEFT ME AND MY SISTER HIS ESTATE WHICH WAS ONLY HIS HOUSE MY SISTER DIES LEAVING NO WILL SHE HAS 1 SON WHO DOES THE HOUSE BELONG TO? Relationship of maritime law and international law? How much has crime grown in the world? Congressional measure admitting a US territory into the union as a state? Does the grandmother has the right to put father on child support if they are still married and the nother is incarcerated?