• Home
  • Articles
  • Investment fraudster receives 37-month prison term

Investment fraudster receives 37-month prison term

One of the key figures in an offshore investment fraud has been sentenced to 37 months in prison and ordered to pay restitution of $124 million.Robert W. Boyd was sentenced at the U. S. District Court for the Middle District of Florida on August 22, 2005 for his role in the operation of Evergreen Security Ltd., an unlicensed investment fund that was incorporated in the British Virgin Islands but largely operated from the United States and the Bahamas.