California Man Sentenced to 100 Years in Prison for $60 Million Ponzi Scheme

Richard Monroe Harkless, who lived in Riverside, California when he ran a company he called MX Factors from 2000 until late 2003, and who was the mastermind of a Ponzi scheme that collected well over $60 million from hundreds of investors–and caused more than $39 million in losses–was sentenced to 100 years in prison.

Original post: California Man Sentenced to 100 Years in Prison for $60 Million Ponzi Scheme

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