Ponzi scheme leader sentenced to 8 years in federal prison, ordered to pay victims $4.8M

By
-
MONIQUE N. BRADY has been sentenced in U.S. District Court in Providence for her role in a $10 million Ponzi scheme fraud involving foreclosed properties and homes for resale. / PBN FILE PHOTO
MONIQUE N. BRADY has been sentenced in U.S. District Court in Providence for her role in a $10 million Ponzi scheme fraud involving foreclosed properties and homes for resale. / PBN FILE PHOTO
PROVIDENCE – Monique N. Brady of East Greenwich, perpetrator of a $10.3 million Ponzi scheme, was sentenced Tuesday to eight years in federal prison and ordered to pay back victims $4.8 million, according to the U.S. Attorney's office in Rhode Island. In July, Brady pleaded guilty to wire fraud, aggravated identity theft and obstructing an…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

RELATED ARTICLESMORE FROM AUTHOR