Local Police Reports

Ponzi Operator Who Collected $2 Million from Victims Sentenced to Nearly Four Years in Federal Prison

Los Angeles, CA–(ENEWSPF)– A Woodland Hills man who bilked more than 20 victims out of approximately $2 million in less than one year has been sentenced to 46 months in federal prison.

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Alfred Eugene Parker, 32, was sentenced Monday by United States District Judge R. Gary Klausner, who remanded the defendant into custody at the conclusion of the sentencing hearing. Parker was sentenced after pleading guilty in September 2010 to three counts of wire fraud…

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