x
Breaking News
More () »

Man sentenced to prison in Ponzi scheme

Officials say John Law conspired with Perry Santillo to take in more than $115 million from investors as part of a nationwide Ponzi scheme.

MONROE COUNTY, Pa. — A man will spend a decade in prison for his role in a multi-million-dollar Ponzi scheme.

The feds say John Law conspired with Perry Santillo to take in more than $115 million from investors as part of a nationwide Ponzi scheme.

They used a former office building in Scotrun as an outpost.

Law was sentenced after pleading guilty to a series of fraud charges.

As for Santillo, he was recently sentenced to 17 years behind bars in New York State. He is awaiting sentencing in Pennsylvania.

See news happening? Text our Newstip Hotline.   

Before You Leave, Check This Out