3 ms·
We'll know for sure when the charges are unsealed tomorrow, but for now, it's likely he's only been charged with a few counts of wire fraud and money laundering
by mikeyouse 4y ago
We'll know for sure when the charges are unsealed tomorrow, but for now, it's likely he's only been charged with a few counts of wire fraud and money laundering. Bank fraud has a max sentence of 30 years, wire fraud 20 years, and like Holmes found out (fortunately for her) - the amount isn't the total amount that was lost, but the smaller amount implicated directly in the fraud charges.
If you squint, you can maybe get to 37-40 points if they do get him for over $1 billion -- which is a serious sentence! But more on the order of 19-24 years.