Oil traders sentenced in multimillion dollar kickback scheme
Oil traders Bernard Langley, 55, of the United Kingdom, and Clyde Meltzer, 65, of Livingston, NJ and Houston, have been sentenced to prison for their role in a multimillion dollar kickback scheme, United States Attorney Kenneth Magidson announced Friday.
A former Minneapolis money manager was sentenced to 25 years in prison for taking $190 million from his investors in a Ponzi scheme.