in Crime

Moreno Valley man who defrauded 200 traders in $24 million Ponzi scheme ordered to serve greater than 15 years in jail

by EGN NEWS DESK August 27, 2024, 2:14 pm 518 Views

Moreno Valley man who defrauded 200 traders in million Ponzi scheme ordered to serve greater than 15 years in jail

Paul Horton Smith Sr., 61, was additionally ordered to pay $13.3 million in restitution to his traders.

Subscribe to proceed studying this text.

Already subscribed? To login in, click on right here.

Originally Published: August 26, 2024 at 10:32 p.m.

Report

Express your views hereCancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Disqus Shortname not set. Please check settings

Crime fraud Ponzi scheme Theft top stories pe

Written by EGN NEWS DESK

More From: Crime

491 Views100 Votes
in Crime

Jury awards man $33 million, says San Bernardino County did not report mother’s baby neglect
A San Bernardino County jury has awarded a person $33 million after it concluded that sheriff’s deputies and a county welfare-fraud investigator did not report that his mom uncared for him as a baby and that the neglect led to him being sexually abused by one of many deputies, the sufferer’s lawyer mentioned. Because the […] More
Share this:
Tweet
More
Reddit
Telegram
WhatsApp
by EGN NEWS DESK October 3, 2024, 12:32 am

Read More

100 Points
Upvote Downvote
309 Views100 Votes
in Crime

2 L.A. males arrested after business housebreaking in Bloomington; they’re suspected in dozens extra heists throughout 3 counties
Two Los Angeles males have been arrested Monday, Sept. 30, and officers Tuesday stated they imagine they dedicated greater than 30 burglaries of companies in San Bernardino, Riverside and Los Angeles counties. The males have been arrested on suspicion of housebreaking, conspiracy and committing a felony whereas on bail following a sequence of greater than […] More
Share this:
Tweet
More
Reddit
Telegram
WhatsApp
by EGN NEWS DESK October 2, 2024, 5:24 pm

Read More

100 Points
Upvote Downvote
520 Views100 Votes
in Crime

Triple-digit temperatures result in well being problems at coaching heart close to Riverside
RIVERSIDE — At least 4 youths or younger adults taking part in an athletic occasion on the Ben Clark Public Safety Training Center close to Riverside on Tuesday suffered well being problems that required medical consideration. Firefighters had been referred to as to the sheriff’s coaching grounds, off Davis Avenue and eleventh Street, shortly after […] More
Share this:
Tweet
More
Reddit
Telegram
WhatsApp
by EGN NEWS DESK October 2, 2024, 10:17 am

Read More

100 Points
Upvote Downvote
519 Views100 Votes
in Crime

3.1-magnitude earthquake close to Ontario barely shakes Southern California
A magnitude-3.1 earthquake centered two miles southeast of Ontario struck at 12:56 p.m. on Tuesday, Oct. 1, the US Geological Survey mentioned. The quake was felt in Victorville, Riverside, Los Angeles, Long Beach, Mission Viejo and Oceanside and elsewhere, in response to the USGS depth map . An earthquake of that magnitude isn’t able to […] More
Share this:
Tweet
More
Reddit
Telegram
WhatsApp
by EGN NEWS DESK October 2, 2024, 3:11 am

Read More

100 Points
Upvote Downvote