Broward woman sentenced to 20 years in prison for leading $190.7 million Ponzi fraud scheme

A Broward County woman was sentenced to 20 years in federal prison on Tuesday for her role in orchestrating a Ponzi scheme that defrauded investors of approximately $190.7 million.

[Joseph-lw]

How about a mug shot rather than a glamour picture?!

Edit: I can't believe people are still commenting on this

[SSMONTECARLO]

Who in their right mind gives their life savings to a business that's located in a Strip Mall

[Cucumberflavoredmustard]

Think about it: if someone had a legal and secure way to beat the market, why would they bring you in on it?
Spoiler: they wouldn't.

[videosuperhighway]

People are so stupid. She promised 120% return a year. How could people believe such a BS story.

[lilyrrichard]

So they handed large amounts of money to a total stranger in a strip mall. Not very smart.

[jamesclark]

This is a life lesson for people trying to get rich for no hard work. If its sounds too good to be true. It is!

[Abyysswalkerr]

If it's too good to be true, then it's too good to be true.

[rogerbec]

She is going to be in high demand whatever prison she lands in.

[joshualott]

190 million in one year? She is better than the federal government.

[cameroncurrie]

Luckey for me. My life savings is in a jar..lol

[to]

Putting your entire life's savings into one investment? People need to learn how to manage their money.

[eutha]

Elizabeth Holmes defrauded almost a billion and put people's lives in danger and only got 11 years-

[michaelsasso]

No one is made whole again. That’s the definition of a Ponzi scheme. Only those who withdraw early get their money back.

[USNavyVet_STG]

Red flag number one, if they promise guaranteed returns, it's a scam.
Red flag number two, what's up with the chickens in front of the courthouse?
😂

[Zpkie]

You know you're in Miami when chickens 🐔 and roosters 🐓 make an appearance.

[miatarescue]

I've seen people get less time for murder 😂

[LoveAlways]

Everybody go to jail for scheming except uncle Sam 🙄🙄

[SRS]

When someone puts all their life saving into one thing it tells you their judgement is what caused this

[honestopinion]

that old fella has the best much as it hurts, you cant be thinking you'll be getting your money back

[BrianKim-ihqh]

people who still haven’t learned you can’t get rich quick