A former San Francisco Bay Area attorney has been sentenced to more than a decade in prison after being convicted in connection with the $1 billion DC Solar Ponzi scheme, prosecutors said.
U.S. Attorney Eric Grant of the Eastern District of California announced Monday that 61-year-old Ari J. Lauer of Lafayette received a sentence of 11 years and five months.
Lauer, who was indicted in 2023, pled guilty in October to conspiracy to commit wire fraud and bank fraud, 12 counts of bank fraud and 10 counts of wire fraud affecting a financial institution, a week before a trial against him was scheduled to start…