Carlsbad man sentenced for defrauding investors, Ponzi scheme
CARLSBAD — A Carlsbad man who ran a Ponzi scheme that defrauded dozens of investors out of millions was sentenced this week to more than seven years in federal prison. Richard Lee Ramirez was indicted by a grand jury in 2022 for taking money investors gave him for his company...The post Carlsbad man sentenced for defrauding investors, Ponzi scheme appeared first on The Coast News Group.
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