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Home / News Stories / Former policeman gets 10 years for $10 million Ponzi scheme (access required)

Former policeman gets 10 years for $10 million Ponzi scheme (access required)

A former Henrico County police officer was sentenced Tuesday to 10 years and one month in prison for cheating investors in a house-flipping business out of more than $10 million. U.S. District Judge Henry E. Hudson rejected Donald C. Lacey’s plea for a lighter sentence. Hudson said he found it “appalling” that Lacey traded on his ...

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