Albania's Ponzi scheme boss jailed for hiding money

April 1, 2016 3:33 PM

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TIRANA, Albania – An Albanian court has sentenced a man for hiding stolen money in a Hungarian bank account to three years and eight months in jail.

The Tirana court sentenced Vehbi Alimuca for hiding $328,000, money he had collected from a failed pyramid investment scheme he operated until 1997.

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