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California life agent accused of multi-million dollar Ponzi scheme

A Sacramento, Calif., life insurance agent was recently arrested as the alleged mastermind behind a multi-million dollar Ponzi scheme to furnish his lavish lifestyle. William Arthur Sassman II, 41,...

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California insurance agent pleads guilty to $6.3 million Ponzi scheme

A Sacramento, Calif., insurance agent pleaded guilty to 13 felony counts of grand theft in connection with a five-year Ponzi scheme resulting in a total loss of $6.3 million. William A. Sassman, a...

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