Scammer gets 30 years jail for $1.35b Ponzi scheme that cheated big-name US investors

November 10, 2021 12:50 PM

SAN FRANCISCO (BLOOMBERG) – The co-owner of a California-based solar company was sentenced to 30 years in prison for running a US$1 billion (S$1.35 billion) Ponzi scheme that attracted big-name investors, among them Warren Buffett’s Berkshire Hathaway.

Source : http://www.straitstimes.com/business/companies-markets/scammer-gets-30-years-jail-for-135b-ponzi-scheme-that-fooled-big-name-us