KOFY ABC7 News On KOFY 7PM March 6, 2014
Good evening. All though the case involves 1700 investors who lost 700 million, 2 suspects sentenced on relatively minor offenses. Dan . There was a lot of anger here the federal prosecutors dropped the ball by letting the clock run out on the charges. In the plea deal, the 84yearold and his 57yearold son pleaded guilty to structuring transactions keeping withdrawals under 10,000 to avoid detection, today, he received 18 months in prison and his father, five years probation. The judge decided advanced age and the fact hes a primary care giver for his wife. There are a number of cases still pen...