Tagged with "John T. Burns"

Naperville Businessman Sentenced to Seven Years in Prison for Fraud

Posted on September 16th, 2015 at 4:28 PM
Naperville Businessman Sentenced to Seven Years in Prison for Fraud

John T. Burns III was sentenced to a seven year sentence in federal prison after being found guilty of defrauding clients into investing $3.3 million in fake Turkish bonds. Burns promised clients lucrative returns and informed them that he had previous experience with the bonds, even going as far as saying he had personally invested; none of which was true.

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