EDITOR’S NOTE: Thanks to a PP Blog reader for pointing us to the Charlotte Observer’s story on the sentencing of Jonathan Davey.
One of the key figures in the bizarre “Black Diamond” Ponzi caper in North Carolina has been sentenced to 21 years in federal prison.
Here is the URL from the Charlotte Observer on the sentencing of Jonathan Davey.
Snippet from the Observer (italics added):
At Davey’s sentencing Thursday, U.S. District Judge Robert Conrad focused on how Davey’s actions caused “life-wrecking damage” to the scheme’s elderly and vulnerable clients.