The fallout of former University of Miami booster Nevin Shapiro's $930 million Ponzi scheme continues as Florida man who federal prosecutors say was the top recruiter for Shapiro has been sentenced in New Jersey to a year and a day in prison for not reporting more than $6 million in commissions he received.
Sydney Williams pleaded guilty in September.
The Naples resident admitted recruiting more than 60 people to invest in a company run by Shapiro of Miami Beach. Shapiro's serving a 20-year sentence for securities fraud and money laundering.
Shapiro allegedly siphoned at least $35 million for his personal use, and made claims of payments to UM athletes that triggered an NCAA investigation.
Federal prosecutors aren't alleging Williams knew Shapiro was running a Ponzi scheme.
Williams faced a maximum three-year sentence, but was credited for cooperating with the government.
Top Recruiter in Nevin Shapiro's Ponzi Scheme Sentenced
Syndney WIlliamms gets a year and a day sentence of prison
Copyright AP - Associated Press
