Ky. U.S. Attorney: Somerset Man Convicted of Running $2.2 Million Ponzi Scheme
September 11, 2019
September 11, 2019
LONDON, Kentucky, Sept. 11 -- The U.S. Attorney for the Eastern District of Kentucky, Robert M. Duncan Jr., issued the following news release:
A Somerset, Ky., man was found guilty yesterday, by a federal jury sitting in London, of conspiring with co-conspirator Jason T. Castenir to run a complex and long-running Ponzi scheme. During the scheme, they defrauded dozens of victims out of over $2.2 million, through three fake investments.
After a brief deliberation followin . . .
A Somerset, Ky., man was found guilty yesterday, by a federal jury sitting in London, of conspiring with co-conspirator Jason T. Castenir to run a complex and long-running Ponzi scheme. During the scheme, they defrauded dozens of victims out of over $2.2 million, through three fake investments.
After a brief deliberation followin . . .