Standefor fined $8.6 million, over 12 years in prison (altadenablog)

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Standefor fined $8.6 million, over 12 years in prison

PSN reports today that Jeanetta M. Standefor, 40, of Altadena, who operated Accelerated Funding Group (AFG), got a hefty fine and prison sentence for defrauding investors in a Ponzi scheme. Details are here.

6:30 PM: LA Times just posted a more detailed article (hat tip: Bo Astrup)

Posted on Tuesday, January 20, 2009 at 02:58 PM in Crime | Permalink