A Montana judge has sentenced two California residents for their roles in a phony investment scheme.
Shanna Raymond of Oakland and Brian Gill of San Pedro had been convicted of investment fraud and money laundering.
U.S. District Judge Donald Molloy of Missoula sentenced the 37-year-old Raymond to two years in prison and $1.5 million in restitution.
Molloy sentenced the 55-year-old Gill to 18 months in prison and $570,000 in restitution.
Prosecutors say Raymond and Gill agreed to promote investments by Dan Two Feathers of Hamilton.
Two Feathers is serving a six-year prison sentence on investment fraud and other charges.
Raymond received $900,000 from investors, sending $500,000 to Two Feathers and spending the rest.
Gill spent $300,000 on personal expenses, his son's business and other purposes.
Judge sentences 2 in investment scheme
MISSOULA COUNTY
POSTED: 9:07 AM Dec 26 2012
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Copyright 2012 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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