A judge has sentenced a disbarred attorney to nearly 11 years in prison for money laundering conspiracy in the $3.7 billion Ponzi scheme allegedly run by Minnesota businessman Tom Petters. Larry Reynolds had faced up to 20 years, but U.S. District Judge Richard Kyle sentenced him Tuesday to 10 years and 10 months. Kyle showed him some leniency for pleading guilty and testifying against Petters.
September 15, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A judge has sentenced a disbarred attorney to nearly 11 years in prison for money laundering conspiracy in the $3.7 billion Ponzi scheme allegedly run by Minnesota businessman Tom Petters.
Larry Reynolds had faced up to 20 years, but U.S. District Judge Richard Kyle sentenced him Tuesday to 10 years and 10 months. Kyle showed him some leniency for pleading guilty and testifying against Petters.
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