Texas man sentenced to 60 years for $...

Texas man sentenced to 60 years for $100M fraud

There are 1 comment on the The Beaumont Enterprise story from Sep 28, 2011, titled Texas man sentenced to 60 years for $100M fraud. In it, The Beaumont Enterprise reports that:

After hearing tearful testimony from several people whose life savings were stolen, a federal judge sentenced a former Texas businessman to 60 years in prison Wednesday for his role in a $100 million life insurance scam that claimed more than 800 victims in three dozen states and Canada.

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Miami, FL

#1 Sep 28, 2011
as for wallstreet fat cat that sunk the global economy erasing 5 trillan dollars of mkt cap ..yet there bonus keep rising like never seen before

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