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Dallas real estate investor sentenced to over 15 years in federal prison for investment fraud scheme

What happened

United States Attorney for the Northern District of Texas Ryan Raybould announced that the president of a Dallas-based real estate investment firm was sentenced today to more than 15 years in federal prison for carrying out a multimillion‑dollar real‑estate investment fraud scheme that scammed more than 80 investors.

Summary assembled by rule from the sources below

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