Tag: mont_belvieu
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Mont Belvieu Man Sentenced to 10 Years for $2.1 Million Ponzi Scheme
Carl Channing Spence, 41, received a 10-year federal prison sentence for a $2.1 million Ponzi scheme. He defrauded 19 victims, including friends, by promising high returns on 'meme stocks' but diverted funds for personal use.
BusinessLaw EnforcementEconomyLegalFinancial Markets Carl Channing SpencePonzi schemeWire fraudMont BelvieuInvestment fraudFederal prisonFinancial CrimeFBI