Monday, December 12, 2016

Local Realtor sentenced for Ponzi scheme

A former Milford Realtor has been sentenced to more than eight years in prison for running a Ponzi scheme that defrauded dozens of investors. Brenda Ashcraft, 46, received a sentence of eight years and one month in federal prison from Senior U.S. District Judge Sandra Beckwith on Monday. Ashcraft pleaded guilty in April 2015 to running the Ponzi scheme between 2009 and 2013. She pleaded guilty to one count each of wire fraud, securities fraud, destruction of evidence and money laundering. Ashcraft…

from DIYS http://ift.tt/2hwJwAL

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