Greenwich man gets 3 years in prison for defrauding investors of $20M in failed startup

CT man sentenced in ‘Ponzi scheme’ involving failed California startup, to pay $9.3M in restitution

A Connecticut man has been sentenced to federal prison and ordered to help pay more than $9 million in restitution in connection with a fraud scheme tied to a failed California-based startup company. Andrew Adler, 31, of Greenwich faced sentencing on Monday and was handed down three years and five months in prison, according to the U.S. Attorney’s Office for the Eastern District of California. Officials said the prison term was tied to the faile…

Greenwich man gets 3 years in prison for defrauding investors of $20M in failed startup

He has also been ordered to pay $9.3 million in restitution jointly with other defendants, officials said.

Greenwich man gets 3 years in prison for defrauding investors of ...