Chicago, IL–(ENEWSPF)– A Ponzi scheme that spanned 22 years and resulted in losses totaling more than $30 million to hundreds of individuals had “a horrific impact” on the victims, including many elderly Italian immigrants, a federal judge declared today in imposing the maximum possible prison term on the defendant. U.S. District Judge John Darrah nearly doubled advisory federal sentencing guidelines in imposing the maximum 23-year prison term for Frank A. Castaldi, a suburban accountant and…
