Guru Dennis Bolze missing
- Thread starter DWV
- Start date
are you sure?? i don't believe austinP ever managed a fund.
"If convicted of wire fraud, the maximum sentence is 20 years in prison and a $250 fine.
The maximum sentence for money laundering is 10 years in prison and a $250 fine."
That $250 fine is probably the deterrent part.
"However, if a financial institution was affected by Bolze's actions, he could be sentenced to 30 years in prison and a $1 million fine."
So, if you screw other people, you get a $250 fine, but if it was an institution (bank probably) it is a mill.... Nice to see the equality of justice....
Since he is bankrupt, the fine part is rather irrelevant....
The maximum sentence for money laundering is 10 years in prison and a $250 fine."
That $250 fine is probably the deterrent part.
"However, if a financial institution was affected by Bolze's actions, he could be sentenced to 30 years in prison and a $1 million fine."
So, if you screw other people, you get a $250 fine, but if it was an institution (bank probably) it is a mill.... Nice to see the equality of justice....
Since he is bankrupt, the fine part is rather irrelevant....
The fine for wire fraud is $250K, not $250. That yokel TV station messed up.