Wife of businessman sentenced in $100 million Ponzi scheme divorcing husband, reaches settlement

Wife of businessman sentenced in $100 million Ponzi scheme divorcing husband, reaches settlement

The spouse of the Madison County businessman sentenced to almost twenty years in jail into the state’s largest Ponzi scheme is divorcing her spouse and contains decided to offer home owned by the few to greatly help repay her spouse’s investors.

Arthur “Lamar” Adams ended up being sentenced to nearly two decades in jail for a $100 million Ponzi scheme, the biggest within the state’s history. (Picture: Jeff Amy, AP)

Vickie Lynn Adams happens to be hitched to Arthur “Lamar” Adams since August 3, 1978, and it is the owner that is one-half of owned by the couple.

In U.S. District Judge Carlton Reeves sentenced Lamar Adams to 19? years in prison october.

Adams admitted in court that their business had been a Ponzi scheme. Adams duped as much as 300 investors, including U.S. Sen. Roger Wicker, when you look at the $100 million scam.

The other day, Reeves authorized a settlement reached by Mrs. Continue reading “Wife of businessman sentenced in $100 million Ponzi scheme divorcing husband, reaches settlement”