Local woman sentenced to house arrest for fraud (The Daily Progress)

A Charlottesville woman who was part of an international investment scheme was sentenced Wednesday to six months of house arrest and three years of probation.  Rebecca Dowdell, 31, was part of a Ponzi scheme that raised about $200 million in investor funds through a sham investment company between April 1998 and April 2002. Authorities said the funds were not invested, but held in accounts …

More: continued here

Get the DDToolBar for Due Diligence It's Free!

155% Average Gain, 90% Accuracy, Penny stock picks, insider secrets and daily updates from the leader in speculative stock picks.

Leave a Comment

You must be logged in to post a comment.