Woman faces 20 years in prison for role in ponzi scheme

POSTED: Friday, January 15, 2010 - 11:46am
UPDATED: Friday, April 13, 2012 - 9:53am

WHITNEY — A Whitney woman faces up to 20 years in prison for her involvement in a large scale ponzi scheme.

Officials say Julia Ann Schmidt pleaded guilty to defrauding victims out of several hundred thousand dollars.

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