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A jury discovered him guilty to the securities fees, and also the judge sentenced him in order to a year regarding the Florida County Prison. He had been experimented with another date to the four of your own left costs, and the jury deadlocked. Moreover it ruled you to Ponzi was not facing double jeopardy because the Massachusetts is charging your which have larceny as the government energized your with mail fraud, whilst the charge accused the same violent process. For the 27 March 1922, the new Ultimate Judge influenced you to federal plea excellent deals have no reputation away from state charges. In comparison, Bernie Madoff's comparable system one to collapsed in the 2008 costs their buyers in the $18 billion, 53 times the newest loss from Ponzi's scheme. Ponzi's buyers have been almost damaged, finding less than 29 dollars for the buck.

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• His scheme went for more than annually before it collapsed, costing their "investors" $20 million (equal to $237 million in the 2024).
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