McKinney man gets 5 years in prison for running Ponzi scheme that took in $13 million

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. A McKinney man who ran a Ponzi scheme that involved more than 100 investors has been sentenced to five years in federal prison. Patrick O. Howard, 50, pleaded guilty to securities fraud in November and was sentenced Thursday. He must also pay $13 million in restitution to his victims. According to authorities, Howard promised investors [...] To keep reading about McKinney man gets 5 years in prison for running Ponzi scheme that took in $13 million, Click on the link. Seoul, Korea
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