A former financial adviser who conned elderly people out of their retirement savings in a real estate investment scam was sentenced to 14 years in federal prison and ordered to pay nearly $12.6 million in restitution to the victims, prosecutors said.
Paul Ricky Mata started a real estate scheme in 2008 that allowed him to drain more than 100 victims of millions. His victims will never fully be repaid.
A former financial advisor who conned elderly people out of their retirement savings in a real estate investment scam was sentenced Monday to 14 years in
A former financial advisor who conned elderly people out of their retirement savings in a real estate investment scam was sentenced Monday to 14 years in federal prison and ordered to pay nearly $12.6 million in restitution to the victims