Siddharth Jawahar sentenced to 11 years for $25 million Ponzi scheme
A federal judge sentenced Siddharth Jawahar to 11 years in prison for orchestrating a Ponzi scheme through Swiftarc Capital LLC. Prosecutors reported that he collected over $35 million from investors but invested only $10 million.
Summaries are written by AI from the original article. Not investment advice.