Economics

Ohio man sentenced to 21 years for role in Ponzi scheme

Ohio man sentences to 21 years for role in Ponzi schemd

CHARLOTTE, N.C. (AP) – An Ohio man has been sentenced to 21 years in prison for his part in a Ponzi scheme that defrauded victims of more than $40 million. The U.S. Attorney’s Office says 50-year-old Jonathan Davey of Newark, Ohio, is the last of 11 defendants to be punished in the so-called Black Diamond scheme.…