BULLETIN: Convicted Ponzi schemer Thanh-Viet “Jeremy” Cao, who also was accused of filing false liens against federal officials and has been linked to the “sovereign citizen” movement by the Anti-Defamation League, has been sentenced to 30 years in prison in the Ponzi case.
Cao was convicted in December 2010. The U.S. Secret Service and the IRS handled the probe.
In July 2010, Cao was charged criminally with filing false liens for tens of millions of dollars against federal officials. He also was accused of filing for a false tax refund for the astronomical sum of $82 billion.
See KFMB website story on Cao’s sentencing in the Ponzi case.