Troy A. Titus ran a Ponzi scheme that defrauded investors of nearly $12 million. Although it’s unlikely investors will get their money back, Titus was sentenced last year to 30 years in prison. The assistant U.S. Attorney called Titus an “economic sociopath.” The judge said to Titus, “You are a man without a conscience.”
Read Disbarred attorney sentenced to 30 years for fraud on PilotOnline.com.
Troy Titus was featured in an episode of the CNBC show American Greed. The show will air again on Monday, February 21 at 3 p.m. EST.
View a clip of American Greed: Financial Guru Gone Bad.
Story suggested by a Lovefraud reader.