9th Circuit Panel Upholds Sentencing Of Ponzi Scheme Operator

Mealey's (November 5, 2018, 4:21 PM EST) -- SAN FRANCISCO — A federal district court did not abuse its discretion in imposing an obstruction of justice enhancement on the sentencing of an investment broker convicted of operating a Ponzi scheme, a Ninth Circuit U.S. Court of Appeals panel ruled Nov. 2 in affirming (United States v. James Berghius, No. 17-10441, 9th Cir., 2018 U.S. App. LEXIS 31139)....