Texan Gets 24 Years in Prison Over Ponzi Scam

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    NEWSLETTERS

    Thomas Lester Irby II

    A judge has ordered 24 years in prison for a Dallas-area man who pleaded guilty over a $3 million Ponzi scheme.

    Thomas Lester Irby II of Frisco last week pleaded guilty to money laundering, theft and securities fraud.

    The 41-year-old ex-financier was sentenced Monday. Irby could have received life in prison.

    Irby owned Plano-based Titan Wealth Management.