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Facebook Fraudster Sentenced

Allen Weintraub, of Boynton Beach, was sentenced yesterday by U.S. District Judge Donald Graham to 111 months in prison, followed by three years of supervised release. Weintraub pled guilty to two counts of mail fraud. He targeted and defrauded potential investors looking to purchase pre-IPO stock of Facebook by selling them non-existent shares of stock.

read more: http://www.fbi.gov/miami/press-releases/2014/facebook-fraudster-sentenced

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