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Old 03-19-2009, 12:29 PM  
Drake
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Join Date: Mar 2003
Posts: 12,508
Quote:
Originally Posted by onwebcam View Post
Yes my understanding is he could have been out by now but a judge has held him in contempt for quite awhile. I don't think he'll ever get out unless he gets a pardon because he won't give them what they want. They seized his computers from his lab but he had a virus on them which would erase all the data or something along those lines if removed. More or less had them booby trapped.
I've never heard of him before, but according to wiki/nytimes, it looks like he'll get out in a few years. He was sentenced to 5 years in prison in 2007 after already spending 7 years in jail without a trial for contempt of court.

http://en.wikipedia.org/wiki/Martin_A._Armstrong

"...was sentenced yesterday to five years in prison for running what prosecutors said was a $3 billion Ponzi scheme."

Last edited by Drake; 03-19-2009 at 12:31 PM..
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