Jan Berkowitz
Robert Sachs 2 Man in Jan Berkowitz Ponzi Scheme Sentenced to 15 Years in Prison - Robert Sachs
- 05-14-2011
- 31
Jan Berkowitz loses his # 2 "front" man, Robert Sachs, unlicensed fund raiser who was sentenced to 15 years in prison on May 9 in Trenton NJ.
Sachs was hired by Berkowitz to act as a "bufffer" between widow's endowments and himself. Sachs brought in plenty of money for Berkowitz and now the sh*t is just about to hit the fan for Berkowitz who is still out there trying to get his hands on money or assets no matter who tries to stop him.
U.S. Economy will not even remotely begin to recover until Berkowtiz is secured safely behind bars. Its not enough to just lock up the # 2 man. You have to lock up the # 1 man as well as his flesh eating lawyers.
Filed: 05/04
Entered: 05/09 Judgment
Docket Text: JUDGMENT as to ROBERT SACKS (3). IMPRISONMENT for a term of 180 months, on each of counts One through Twenty-Three, and a term of 180 months on Count Twenty Four, all to be served with each other but consecutively to the term imposed on Counts One through Twenty Four to the extent necessary to produce a total term of 204 months. SUPERVISED RELEASE for a term of 5 years. RESTITUTION in the total amount of $3,022, 343.00. Fine is waived. Special assessment of $4,200.00. Signed by Judge Jerome B. Simandle on 5/4. (lec) (additional attachment (s) added on 5/9: # (1) victim list redacted, # (2) victim list redacted, # (3) victim list redacted, # (4) victim list redacted, # (5) victim list redacted) (lec).
Company: Jan Berkowitz
Country: USA
State: North Carolina
City: Nags Head
Address: 109 Sandfiddler Court