William Wise, a banker formerly of Raleigh, is serving a 212-month sentence in federal prison for a Ponzi scheme he perpetrated against 1,200 victims. Lawyers secured a $4.6 million settlement with JPMorgan in a class-action lawsuit on behalf of nearly 200 people.
William Wise, a banker formerly of Raleigh, is serving a 212-month sentence in federal prison for a Ponzi scheme he perpetrated against 1,200 victims. Lawyers secured a $4.6 million settlement with JPMorgan in a class-action lawsuit on behalf of nearly 200 people. Keith Beaty Toronto Star
William Wise, a banker formerly of Raleigh, is serving a 212-month sentence in federal prison for a Ponzi scheme he perpetrated against 1,200 victims. Lawyers secured a $4.6 million settlement with JPMorgan in a class-action lawsuit on behalf of nearly 200 people. Keith Beaty Toronto Star

Victims of former Raleigh banker’s Ponzi scheme will get a little relief in $4.6M settlement

July 10, 2018 11:31 AM