Tag: Ponzi scheme
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Former financial advisor from Hillsborough sentenced for role in Ponzi scheme
A Somerset County man was sentenced to 78 months in prison for engaging in a $2 million Ponzi scheme targeting elderly investors and for subscribing to a false tax return. Daniel Rivera, 51, of Hillsborough, a former financial advisor, previously pleaded guilty before U.S. District Judge Anne E. Thompson to a superseding information charging him…
