Company owner sentenced to 9 years for $6M+ Ponzi scheme in Florida - Insurance News | InsuranceNewsNet

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March 24, 2023 INN Insider News No comments
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Company owner sentenced to 9 years for $6M+ Ponzi scheme in Florida

Miami- The owner of a company in Florida, United States, that offered supposedly profitable investments to people with good credit was sentenced to 9 years in prison for defrauding his victims of more than 6 million dollars through an elaborate Ponzi scheme, informed the U.S. Attorney's Office for the Southern District of the state. David J. Varrone, 56, a resident…

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