Bank Robber Gets 25 Years in Federal Prison

NEWARK, NJ—A Bergen County, New Jersey woman who owned a purported wholesale merchandise broker and admitted running a multi-million-dollar Ponzi scheme that resulted in more than $2 million in losses to investors was sentenced today to 37 months in prison, U.S. Attorney Paul J. Fishman announced. Jenifer Devine, 40, of Fair Lawn, owner of Devine Wholesale, was sentenced by U.S. District Judge Claire C. Cecchi in Newark federal court. Devine previously pleaded guilty before Judge Cecchi to an .... [More]

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