Infinity2Global defendant Jason Syn has escaped jail time.
Following a December nineteenth responsible plea entered on one rely every of conspiracy to commit mail fraud and securities fraud, Syn was sentenced to a few years probation.
Syn was additionally ordered collectively answerable for $3.9 million in restitution.
The rationale for Syn escaping a jail sentence is believed to be in a sealed Assertion of Purpose, filed on December nineteenth.
All of Syn’s Infinity2Global co-defendants have acquired jail sentences:
Richard Maike launched Infinity2Global again in 2013. The Ponzi scheme would go on to defraud customers out of $30 million plus.