Real estate agent gets 6 years for Ponzi scheme - The Coloradoan

[FraudNews]

Real estate agent gets 6 years for Ponzi scheme (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGOyS21Wx57Qhhj2rYCqEnl0a83SQ&url=http://www.coloradoan.com/article/20110718/LOVELAND0102/307180006)
The Coloradoan
A well-known Fort Collins real estate agent and sports booster was sentenced to six years in the Department of Corrections on Monday by a judge following his conviction for securities fraud in connection with a Ponzi scheme. Jerry Brumit had pleaded ...
Real estate agent sentenced in Ponzi scheme (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG-ShNqNQs-pIzUKezwbj8DNPg9ag&url=http://www.canadianbusiness.com/article/34566--real-estate-agent-sentenced-in-ponzi-scheme)CanadianBusiness.com

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More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGOyS21Wx57Qhhj2rYCqEnl0a83SQ&url=http://www.coloradoan.com/article/20110718/LOVELAND0102/307180006)

[Steve77]

It is good action by Government against who are involve in this case . This action give message other people who work in
real estate sector if take this type case Govt. take action against those people.