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Michigan man sentenced to 17 years for duping investors into a trucking venture with false promises of hefty returns.
Big Rig, Big Fraud: A $40M Misadventure in Trucking
Michigan resident Franklin Ray just landed himself a 17-year stay behind bars. Here's the lowdown:
False Promises
Ray structured his scheme by duping investors into a trucking venture with promises of hefty returns.
In the end, Ray had hundreds of investors fueling his fake truck empire.
Source: CDL Life
Every fraudulent load stopped is a win. But the goal isn’t just stopping fraud...it’s eliminating bad actors from the system entirely.
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