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Scam artist from Wausau sentenced after extensive investment fraud scheme
Pophal used new investor money to pay earlier victims and personal expenses in a Ponzi-like scheme, prosecutors said.
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Wisconsin Man Drains $14,250,000 From 190 Investors, Spends Funds on Private Planes, Cars, Motorcycles and Snowmobiles
A Wisconsin man received an eight-year federal prison sentence after operating a Ponzi scheme that defrauded 190 investors out of $14.25 million through false promises of high returns on promissory notes.
Man sentenced for $14M wire fraud, money laundering scheme in southern Iowa
DES MOINES, Iowa -- A Wisconsin man has been sentenced to prison for his part in a $14.25 million wire fraud and money laundering scheme in southern Iowa. The Iowa Insurance Division announced Wednesday that 64-year-old Stanley Pophal, of Wausau, Wisconsin, was sentenced to 96 months, or eight years, in federal prison in U.S. District [...]
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