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Sentencing for Scotts Valley Man Accused of Ponzi Scheme Postponed- 10/20/14 9:30 S.G.

The sentencing of a Scotts Valley man, accused of running a ponzi scheme, has been postponed. John Geringer of Geringer, Luck, and Rode LLC allegedly helped divert half of more than $60 million in investments to himself and his partners. Geringer’s attorney asked for the sentencing to be postponed last week to allow his client to ‘complete his cooperation with the government’. Geringer will now be sentenced on February 23rd.

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