To me this Is more a story about a mother’s love than a Ponzi scheme.
While his former friends and family wanted the maximum penalty his mom asked the judge for leniency towards her son – a son that ripped $50,000 off of her. God bless his mother.
-Dr. Moore
Trader Who Ripped Off His Mom, Friends Gets 8 Years
https://www.bloomberg.com/news/articles/2018-09-27/trader-who-ripped-off-mom-friends-in-n-y-suburb-gets-8-years