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Woodbridge founder Robert Shapiro gets 25 years in prison for $1.3 billion Ponzi scheme

Oct 21, 2019By

Robert Shapiro, the founder of the Woodbridge group of companies, will spend 25 years in prison after pleading guilty to charges that orchestrated a $1.3 billion real estate Ponzi scheme that bilked thousands of investors out of hundreds of millions of dollars.

3d rendering of a row of luxury townhouses along a street

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