Providence fraudster jailed for 20 years for role in ponzi scheme

Pedro Gonçalves
clock • 1 min read

A 57-year-old man has been sentenced to 20 years in prison for his role in a $150m ponzi scheme that deceived Minnesotans and also received funds from Guernsey residents. The US Attorney's Office said that Antonio Carlos De Godoy Buzaneli was sentenced in connection to the $150m investment fraud scheme. He pleaded guilty last April. One of his co-conspirators, Jose Manuel Ordoñez Jr., was to 10 years in prison in January and Julio Enrique Rivera will be sentenced later in April, the attorn...

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