Smith Advertising founder sentenced to maximum 5 years
TAMPA — The founder of an advertising agency that defrauded investors in Sarasota and elsewhere out of $63 million was sentenced Friday to five years in prison.Gary Truman Smith received the maximum sentence in U.S. District Court in Tampa, the second family member to be imprisoned for his role in what federal prosecutors have called a “massive” Ponzi-like fraud conspiracy.Smith, 74, pleaded guilty last February to one count of conspiracy to commit wire and […]
