After being found guilty of defrauding investors over a six-year period in a sports betting fund scam, a 48-year-old Missouri man was given a 48-month prison sentence.
In the U.S. District Court in St. Louis, he entered a guilty plea to three wire fraud charges. The maximum penalty for each wire fraud charge was 20 years in prison, a fine of $250,000, or both.
In the U.S. District Court in St. Louis, he entered a guilty plea to three wire fraud charges. The maximum penalty for each wire fraud charge was 20 years in prison, a fine of $250,000, or both.
