Panel Finds ‘No Clear Error’ In Court’s Sentencing Of Ponzi Scheme Operator

Mealey's (September 26, 2018, 11:05 AM EDT) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on Sept. 25 affirmed a federal district court’s sentencing of a convicted Ponzi scheme operator to 97 months’ imprisonment, ruling that there was “no clear error in the district court’s assessment” of the sentencing guidelines (United States of America v. James E. Neilsen, No. 16-389, 2nd Cir., 2018 U.S. App. LEXIS 27308)....