An Ashe County man convicted of running a $40 million Ponzi scheme was sentenced Wednesday to 50 years in prison for what prosecutors called "the worst financial crime in this district in memory."
CHARLOTTE (AP) — An Ashe County man has been sentenced to 50 years in prison for his role in a Ponzi scheme that prosecutors say had more than 400 victims. Keith Simmons, 47, of West Jefferson was sentenced in federal court in Charlotte on ...