A federal judge sentenced a Buford man to six years in prison on Friday for his role in a Ponzi scheme involving cattle trading.
Buford resident Ron Throgmartin, 59, and Galesburg, Ill. resident Reva Joyce Stachniw, 71, were convicted last August on one count of conspiracy to commit wire fraud, five counts of wire fraud, and one count of conspiracy to commit money laundering. Stachniw was sentenced to six years in prison as well on Friday.
The U.S. Department of Justice said Throgmartin and Stachniw, as well as another co-conspirator, were accused in court documents of “fraudulently representing to victims that their investments were backed by short-term investments in Stachniw and Throgmartin’s cattle and marijuana businesses.”
For more information be sure to visit www.bgpodcastnetwork.com
https://www.lawrencevillega.org/
https://www.fernbankmuseum.org/
See omnystudio.com/listener for privacy information.
