Paramount Financial Planners owner gets 40 months for fraud

Columbus Dispatch- The owner of a former Columbus financial company that lost more than $8.3million of investors’ money will pay for his crimes with 40 months in prison, a federal judge ruled today.

 

Judge John D. Holschuh ordered the sentence for Von Cummings after his family pleaded for less time at a hearing his attorney unsuccessfully fought to close to the public.

Defense attorney Joseph Scott said Cummings had been "humiliated" by the publicity surrounding the case.

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