Ponzi Scheme sentence
Credit: WTVQ Lexington, KY
Duration:
0 shares
2 views
And the district says it's planning to offer in-person and online learning.
A somerset man convicted in a multi-million dollar ponzi scheme, has been sentenced.
Fs img txt bullets:no ponzi scheme sentence source: u.s. attorney office gavel.jpg - rodney scott phelp ... rodney scott phelps... along with an accomplice..
Set up a private equity firm in 20-12 called maverick asset management..
And took money from people... according to prosecutors.
The investors were told they were buying a piece of an oil field, in belieze...and would get royalties from it.
The u-s attorney's office says phelps was sentenced thrusday to nine years in prison