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Shakopee man sentenced to prison in $3 1 million Ponzi scheme

A Shakopee man has been sentenced to 51 months in prison and three years of supervised release and ordered to pay $3.1 million in restitution for operating a fraudulent investment

Former Leading Minnesota Horse Owner Sentenced To 4 1/2 Years In Prison Over Alleged Ponzi Scheme - Horse Racing News

Jason D. Bullard, whose Empire Racing Stables was a leading owner at Minnesota's Canterbury Park from 2016-'21, has been sentenced to 4 1/2 years in prison after admitting to wire fraud in connection with an alleged Ponzi scheme federal authorities said defrauded investors out of millions of dollars.

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