Friday - December 15, 2017
Rhode Island Investment Adviser Receives 7-Year Sentence for Ponzi Scheme
March 17, 2017
WASHINGTON, March 17 -- The Securities and Exchange Commission issued the following litigation release:

On March 16, 2017, Chief Judge William E. Smith of the United States District Court for the District of Rhode Island sentenced Patrick Churchville, a defendant in an ongoing SEC litigation, to 7 years in federal prison following his guilty plea to five counts of wire fraud and one count of tax evasion in connection with orchestrating a $21 million Ponzi scheme and misappropriati . . .

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