Edward Durante was in his 40s when he was first charged with swindling investors out of millions through a penny-stock scam. He could be an octogenarian by the time he finishes his latest term in federal prison.
Durante was sentenced to 18 years May 15 for his latest scam, which prosecutors said he hatched while serving a decade-long term for another fraud. Durante pleaded guilty in August 2016 to using a network of brokers and investment advisers to sell shares in VGTel Inc., an online sweepstakes company, to defraud more than 100 investors out of more than $15 million.
U.S. ...
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