North Suburban Man Sentenced to 5 Years in Federal Prison for Operating Ponzi Scheme That Swindled Elderly Investors
A north suburban man was sentenced today to five years in federal prison for swindling more than
Booy, 50, of
The sentence was announced by
"Defendant committed much of this egregious conduct while sitting in his victims' homes and in their places of worship," Assistant
Booy carried out his fraud scheme from 2012 to 2016. He continued his scheme even after
Most of Booy's victims were elderly, and some furnished him with their entire life savings. The victims included a
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