Caspersen Sentenced to 4-Year Prison Term For $38.5M Fraud

[Superstar2317]

All of the current Supreme Court justices either went to Harvard Law or Yale. Most went to Harvard with 6 of the 9 going.

 

[PoundTheRock]

Shit, I got 84 months and paid off 82%, with $3.8M remaining.

 

[recession2016]

All of the current Supreme Court justices either went to Harvard Law or Yale. Most went to Harvard with 6 of the 9 going.

really makes you think

 

[Clubber Lang]

Shit, I got 84 months and paid off 82%, with $3.8M remaining.

???

 

[ELo]

Where do I sign for the 4 years ?

 

[J.P.]

Prosecutors sought up to 15-2/3 years in prison for the Princeton University and Harvard Law School graduate, who they said for 18 months shamelessly exploited his victims' trust.

But Paul Shechtman, his lawyer, urged Rakoff to consider as a mitigating factor Caspersen's "pathological" gambling addiction that led him to obtain millions of dollars to engage in risky options trading.

Rakoff [the judge] agreed Caspersen's condition impacted his decision making.

Andrew Caspersen was sentenced on Friday to four years in prison for engaging in what prosecutors say was a Ponzi-like scheme to defraud investors including family members and friends out of $38.5 million.

Just tell the judge you like to gamble and get a reduced sentence. WTF?

 

[Pekelo]

I was just pointing out that a lot of different types went to HLS.

Just like to any other school. So your point was pointless. We got it...