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Calif. U.S. Attorney: Alameda Resident Sentenced to Two-And-A-Half Years in Prison and Ordered to Pay Nearly $1.5M in Restitution to Victims of His Ponzi Scheme
March 05, 2024
SAN FRANCISCO, California, March 5 -- The office of the U.S. Attorney for the Northern District of California issued the following news release:

Long Nguyen, who pleaded guilty last year to charges relating to a scheme to defraud at least 20 individuals out of millions of dollars, has been sentenced to 30 months in prison and ordered to pay nearly $1.5 million in restitution and to forfeit $1 million, announced United States Attorney Ismail J. Ramsey and Federal Bureau of Investigat . . .

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