Saturday, 23 May 2015
Last updated 14 hours ago
Sep 16 2013 | 11:09am ET
A member of Penn State's 1986 national champion football team has been sentenced to more than five years in prison for running a Ponzi scheme.
Paul Pomfret was hit with a 63 month sentence for stealing $500,000 from a South Carolina businessman. He pleaded guilty in May to wire fraud, admitting that he used most of the money to pay off earlier investors in his fund of hedge funds, PDP Capital Investments.
Pomfret was also ordered to pay $1.6 million to his victims.
Pomfret played tight end at Penn State.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…