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Friday, March 29, 2024

Posts Tagged ‘John Reinholdt II’

16-year prison sentence for ringleader

Attorney General announces 16-year prison sentence for ringleader of multimillion-dollar commercial Ponzi scheme   DENVER — Colorado Attorney General John Suthers announced today that a Denver judge has sentenced John Reinholdt II (DOB: 1/10/1972) to 16 years in prison and ordered him to pay $2.5 million in restitution for his role in running a commercial Ponzi scheme. “Criminals that defraud Colorado banks drive up the cost of home loans and other credit for all consumers,” Suthers ... Full Story