KATC Lafayette News |
Lake Charles man sentenced to 19 years for Ponzi scheme
KATC Lafayette News John Steven Blount, 55, was sentenced to 19 years and seven months in prison for his role in a Ponzi scheme he used to bilk investors out of more than $5.8 million. Blount, of Lake Charles, pleaded guilty in July to one count of wire fraud. He also was ... Man who used Ponzi scheme to defraud investors out of millions sentenced to ... |
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