Richmond man gets 25 years for Ponzi scheme

A Richmond man has been sentenced to 25 years in prison for his role in a multi-million dollar Ponzi scheme that defrauded more than 70 victims over a three-year period, according to the Fort Bend County District Attorney’s Office. Mejdi Mahmoud Abousaoui, 37, pleaded guilty to one count of fraudulently…

Original Article: https://www.fortbendstar.com/countynews/richmond-man-gets-25-years-for-ponzi-scheme/article_cb4260e0-311e-11ec-9abc-0f06f9e4b078.html


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