Ponte Vedra financial broker gets 100 months in Ponzi scheme
Armed with his clients’ trust and fueled by their money, disgraced Ponte Vedra Beach financial broker Michael Joseph Dimare launched a $3.5 million fraud scheme that has him serving eight years in federal prison. Dimare, 51, was sentenced Wednesday by U.S. District Judge Timothy J. Corrigan in Jacksonville. He pleaded guilty in February to tricking nearly two dozen people, half of them older …
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| July 29th, 2010 | Posted in Financial News |