Ewa Beach woman gets maximum sentence for Ponzi scheme
An Ewa Beach woman who ran an $800,000 Ponzi scheme will face a maximum sentence in federal prison.
Her victims came to the courthouse to confront the woman whom they say ruined their lives.
The 50-year-old former president of the Ewa Beach Pop Warner Football organization left the court approximately two hours after her sentencing.
She tried to hide her face from television cameras and did not make any statements, while victims shouted at Anguay from a distance.
Anguay operated an $800,000 Ponzi scheme for years starting in 2007, before getting caught and pleading guilty in early 2011.
"It's shameful. We were once family. A loss is a loss. There's no amount of money that can be paid back. Our community has been broken," said Marlene Melendez, who invested thousands.
"Got greedy. In my case, I saw co-workers getting money back," said Corbette Roy, a former Honolulu Police officer who also lost money in the scheme.
"It was absolutely heart wrenching," said FBI spokesperson Tom Simon speaking about the victims describing their losses.
Eleven victims lost more than a half million dollars, according to the FBI.
Anguay ran the Ponzi scheme while on probation for a previous conviction for embezzling from a nonprofit organization.
The FBI says over the last five years, approximately 30 criminals have been convicted on similar charges for running Ponzi schemes in Hawaii.
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