El Paso Man Sentenced for Defrauding Investors as Third-Party NBA Preseason Game Promoter
Timothy France Johnson was sentenced in to 51 months in federal prison along with a money judgement of $3,148,094.48 for running an 11-year Ponzi scheme in which he represented to investors that he would use their funds to promote NBA preseason games
What happened
Timothy France Johnson was sentenced in to 51 months in federal prison along with a money judgement of $3,148,094.48 for running an 11-year Ponzi scheme in which he represented to investors that he would use their funds to promote NBA preseason games
Why it matters
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Affected entities
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1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%El Paso Man Sentenced for Defrauding Investors as Third-Party NBA Preseason Game Promoter ↗
Claims
- El Paso Man Sentenced for Defrauding Investors as Third-Party NBA Preseason Game Promoter Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
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