Not sure what the nursing homes have to do with it. Surely they can't bring enough funds to pay back the funds, right? But 30 years? WTF. And that is for "for perjury and obstruction of justice". Does someone know what exactly he said or did that renders to him actually having to live half of his life in jail?
Take a look at U.S. v. Shavers, U.S. District Court, Southern District of New York, No. 15-cr-00157
JULY 22, 2016
Texan gets one-and-a-half years in prison for running bitcoin Ponzi schemehttps://www.reuters.com/article/us-bitcoin-fraud-texas/texan-gets-one-and-a-half-years-in-prison-for-running-bitcoin-ponzi-scheme-idUSKCN1012W8Trendon Shavers - who lived nearby Montroll - received 1.5 years in prison ...
Montroll in his stupidity & arrogance, felt he had "one upped" the federal investigators who questioned him on more than one occasion. He even had the temerity to refer to one as a "stupid bitch" to acquaintances bragging he had outsmarted them. None of that scores points with the prosecution with initial charges of perjury extending to obstruction of justice. Same goes with any insincere attempts by him and his attorney to stall sentencing with false claims that somehow two months of accounts receivable from two extremely minor nursing home operations might somehow cover the losses suffered by his victims.