Convict offers $19 million for leniency
MINNEAPOLIS (AP) — A former money manager convicted in a Ponzi scheme is offering to pay victims $19 million in return for a lenient sentence.
Jason "Bo" Beckman is facing a possible life sentence on 15 fraud and money-laundering charges related to a $194 Ponzi scheme run by a business associate. The fraudulent investment scheme bilked more than 700 people, mostly retirees.
Are you a newspaper subscriber but you don't have a Digital Access account yet? Activate your account.
You will need your subscription account number and phone number. Not sure if you have an account? Email us or call (218) 333-9200 and we can help you.