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Sentenced to Seven Years in Jail for Swindling $66 Million in Florida (Us)

Summary by ondacero.es
A U.S. judge has sentenced Efraín Betancourt Jr, 36, a Colombian and U.S. citizen, to seven years in prison, who served as executive director and sole owner of Sky Group, a position he took to carry out a pyramidal scam with which he tricked hundreds of people. His booty amounted to $66 million.
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A U.S. judge has sentenced Efraín Betancourt Jr, 36, a Colombian and U.S. citizen, to seven years in prison, who served as executive director and sole owner of Sky Group, a position he took to carry out a pyramidal scam with which he tricked hundreds of people. His booty amounted to $66 million.

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ondacero.es broke the news in on Friday, August 15, 2025.
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