Drive Planning Fraudsters Sentenced to Federal Prison for Operating Massive $380 Million Ponzi Scheme
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"Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga ."
"Drive Planning Fraudsters Sentenced to Federal Prison for Operating Massive $380 Million Ponzi Scheme."
"ATLANTA – Todd Burkhalter, the founder and Chief Executive Officer of the Georgia-based financial advisory group Drive Planning LLC (“Drive Planning”), was sentenced today to serve 20 years in federal prison, the maximum allowed by law, for orchestrating a years-long Ponzi scheme that resulted in thousands of investors losing nearly $400 million."
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"Drive Planning Fraudsters Sentenced to Federal Prison for Operating Massive $380 Million Ponzi Scheme."
"Burkhalter was also ordered to pay $233,777,763.82 in restitution to victims."
"She was sentenced to two years in prison, to be followed by three years of supervised release, and was ordered to pay $630,000 in restitution to victims."
"He was sentenced to four years and three months in prison, to be followed by three years of supervised release, and was ordered to pay $4,297,878.16 in restitution to victims."