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Lori Ann Nademus of Bradenton has been sentenced to nine years and two months in prison for her role in an investment fraud and money laundering scheme that authorities say netted her nearly $10 million in illegally obtained funds.
Nademus, 46, pleaded guilty to wire fraud and money laundering March 17. In addition to the federal prison time, U.S. District Judge James S. Moody ordered Nademus to forfeit a 10-carat white gold and diamond wedding ring and a stainless-steel TAG Heuer watch, which, according to a statement, are traceable to proceeds of the offense. She was also ordered to forfeit $9.75 million, “the proceeds of the wire fraud scheme,” states the release from the U.S. Attorney’s office for the Middle District of Florida, based in Tampa.
According to court documents and federal authorities, here's what happened:
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