9th Circuit Panel Affirms Sentencing In Ponzi Scheme Criminal Suit

(October 22, 2018, 2:29 PM EDT) -- SAN FRANCISCO — A Ninth Circuit U.S. Court of Appeals panel on Oct. 17 ruled that a federal district court did not err in denying a defendant’s 28 U.S. Code Section 2255, 28 U.S.C. § 2255, motion, arguing that the U.S. government breached the terms of a plea agreement in a criminal action stemming from the defendant’s operation of a Ponzi scheme by failing to move for a downward adjustment of the defendants’ sentence based on his cooperation with the government in its investigation and agreement to the plea deal (United States v. William J. Wise, No. 17-15129, 9th Cir., 2018 U.S. App. LEXIS 29553)....

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