Delaware businessman faces sentencing in $3.3M Ponzi scheme

WILMINGTON, Del. — A former Delaware real estate broker is facing sentencing after pleading guilty to running a Ponzi scheme. The public defender for 75-year-old Carl Chen is seeking a sentence of no more than 30 months at Monday's hearing. Prosecutors say Chen should be imprisoned for 51 months. Chen pleaded guilty in March to wire fraud. ...

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