An Orangeburg investment broker and former Rockland Republican Party official was sentenced to 13 years in prison yesterday and ordered to pay over $8 million in restitution for running a Ponzi scheme for 25 years. The Journal News says six of 77 year-old Hector May’s victims got the chance to speak before he was sentenced. He was immediately taken into custody. He pleaded guilty in December to wire and investment adviser fraud.
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