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and >$1 million fine I and probably a ton of people would gladly take 18 months for whatever he managed to stash away from that $100Mil. >“Today’s sentencing
by rasz 3y ago
and
>$1 million fine
I and probably a ton of people would gladly take 18 months for whatever he managed to stash away from that $100Mil.
>“Today’s sentencing should send a message to other entrepreneurs who may be tempted to cross the line into fraud
And the message is fraud away, at most you will get gently slapped on the wrist.
- xwowsersx 3y agoThe $1M is a fine as a penalty above and beyond disgorgement. I think it's safe to assume that he'll be required to pay disgorgement of all profits/gains obtained through through the fraud.