Florida Advisor Gets 20 Years in Prison for $94M Scheme Targeting Venezuelans

Jason Kellogg was quoted in Wealth Management following the sentencing of a South Florida man in a $94 million Ponzi scheme targeting primarily Venezuelan investors. Jason, who was not involved in the case, shared his perspective on the 20-year federal prison term and what it signals about tougher consequences for financial fraud. He also explained how these schemes typically operate and why it can take years for victims to recover lost funds through receiverships and civil litigation. Read more.