By: News Staff
PROVIDENCE, R.I. — A Rhode Island financial advisor who was charged for devising a $21 million ponzi scheme is scheduled to be sentenced in federal court Thursday.
47-year-old Patrick Churchville was found guilty of 5 counts of wire fraud and one count of tax fraud.
Churchville used $2.5 million of investor’s funds to buy his home in Barrington and failed to pay $820,000 in income taxes.
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