Risher pleads guilty to fraud

  • By Business Observer Staff
  • | 3:54 p.m. August 30, 2011
  • Tampa Bay-Lakeland
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TAMPA — Davis “Jay” Risher pleaded guilty to mail fraud and money laundering this week, in connection with a Ponzi scheme that affected 106 investors and involved $21 million, according to U.S. Attorney Robert O'Neill's office.

 

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