A Pennsylvania businessman who previously went to federal prison for running a $3.4 million Ponzi scheme involving bogus jewelry deals has been sentenced again after defrauding investors out of more than $755,000, authorities said.
Matthew James Addy, 47, of Lancaster, was sentenced to 75 months — more than six years — in federal prison on Monday, Aug. 31, U.S. Attorney David Metcalf said.
The sentence also includes three years of supervised release, a $1,000 fine, a $1,600 special assessment, and $755,995 in restitution, according to the U.S. Attorney’s Office for the Eastern District of Pennsylvania…