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DeepNewz, mobile.
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Several individuals, including a startup founder, a former CEO, and an American entrepreneur, have been sentenced to prison terms ranging from 20 years to 29 months for defrauding investors out of millions of dollars in separate cases involving wire fraud and investment schemes.
A 60-year-old Utah man was sentenced in federal court to 29 months in jail after he admitted to defrauding hundreds of investors out of $10 million in his smartphone company. https://t.co/c1aYkvIz7g
Utah man sentenced in smartphone scheme that defrauded investors out of $10 million. Read below: https://t.co/vlom01hG0w
Former Slync CEO sentenced to 20 years for defrauding investors out of $25 million https://t.co/mjtkzRIzm6
