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Justin Paperny, 45, is a business owner and former federal inmate currently based in Irvine, California. While working as an investment banker at UBS, Paperny was involved with a fraudulent hedge fund that was part of a Ponzi scheme. He pleaded guilty in 2007 to conspiracy to commit mail, wire, and securities fraud and was stripped of his licenses to sell stocks and real estate.

I was a stockbroker at UBS who went to prison for fraud. Now I'm a white-collar prison consultant who helps high-profile clients get through their time in lockup - here's what my job is like. insider@insider.com (Jenny Powers) © Justin Paperny Justin Paperny is the founder of White Collar Advice. Justin Paperny Justin Paperny, 45, is a business owner and former federal inmate currently based in Irvine, California. While working as an investment banker at UBS, Paperny was involved with a fraudulent hedge fund that was part of a Ponzi scheme. He pleaded guilty in 2007 to cons...

Paperny fought his case in court for three years before pleading guilty. Justin Paperny I was 33 years old. I was tired and angry. After three and a half years in court, I was actually kind of relieved to begin my sentence and start getting credit for serving time.  Within a few hours of surrendering that morning in 2008, I went from being Justin Paperny to Inmate #44499-112. Reality hit as I was handcuffed, strip searched, fingerprinted, DNA sample tested, and photographed for a mugshot. The expensive running sneakers and wat...

See you then. >> dana: senate set to take up criminal justice reform tomorrow, with vote expected soon. the bill would give judges discretion in sentencing nonviolent offenders, improve rehab for ex-cons and expand prisoner programs, plus allow supervised early release for some prisoners. joined by a georgetown law professor and co-founder of prison professors. good to have you back. what do you like about this bill? >> i like the main principle behind the first step act, which is 97% of people in federal prison will one day come home. isn't it in all of our best interests they come home rehab...