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July 9, 2015: Third Partner In Scotts Valley Scheme Sentenced

(18:55) SAN JOSE- The last of three men convicted for a Scotts Valley based ponzi scheme has been sentenced. In 2014, Keith Everts Rode pled guilty of defrauding investors of close to 60 million dollars . Yesterday ( Thursday) Rode was sentenced to 70 months in prison in a federal court room. His partners, Chris Luck and John Gerginger were senenced to 10 and 12 years respectively earlier in the year.

 

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