Georgia CEO Receives Maximum 20-Year Sentence for $380 Million Ponzi Scheme

Italian businessman and con artist Charles Ponzi writing his life story. (AP Photo)

AP Photo

Todd Burkhalter, the CEO of Georgia-based financial advisory group Drive Planning LLC, was sentenced on August 14 to 20 years in prison by U.S. District Court Judge Tiffany Johnson. This sentence stems from his role in orchestrating the largest Ponzi scheme in Georgia history, which defrauded over 2,000 investors of approximately $380 million. Judge Johnson rejected the U.S. Attorney’s plea-bargained

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