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Car dealer gets 5 years in federal prison for Ponzi scheme to keep his business afloat

Summary by KCRG

A car dealer was sentenced to five years in federal prison for running a Ponzi scheme to keep his business afloat.

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KCRG

A car dealer was sentenced to five years in federal prison for running a Ponzi scheme to keep his business afloat.

19 hours ago·Honolulu, United States

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KCRG broke the news in Cedar Rapids, United States 19 hours ago on Thursday, July 3, 2025.

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