John Mark Donnelly was sentenced today and will spend more than seven years in prison for running a Ponzi scheme.
Donnelly took more than $5 million from 30 investors.
According to the Associated Press, in May Donnelly pleaded guilty to fraud. He distributed the money he received from his complex trading strategy to other investors instead of actually trading the money as per agreements with his clients.
Fresh ideas The Cherry Avenue Grocery Community and Stakeholder Engagement Project held its fourth and final Buy Back the Block event on December 9, unveiling both the results of its survey and the names of parties interested in owning and operating a grocery store at 501 Cherry Ave. The development is on the site of […]
Parallax Project and Oenoverse co-founder and UVA School of Data Science associate director of career connections and community engagement Reggie Leonard shares thoughts on how to spend a day in Charlottesville: When I think about my perfect Charlottesville Day, I’ll give myself the constraint of a weekday/workday. I love unexpectedly warm days, when I’m working […]
