Tag: U.S. District Judge Philip S. Gutierrez

UPDATE: Eliott Jay Dresher, the California man whose Ponzi scheme traded on the famous racing brand of NASCAR, now faces up to 20 years in federal prison after pleading guilty in Los Angeles to mail fraud. Dresher, 64, of Chatsworth, was jailed in December 2009 in a case brought by the FBI and the U.S.…