Ex-South Florida Attorney Sentenced to 2 Years for Real Estate Ponzi Scheme

A federal judge in South Florida sentenced a former Boca Raton attorney to prison for operating a Ponzi scheme.

Craig Sherman, 81, formerly the managing partner at Sherman & Sherman, was sentenced by U.S. District Judge Robin Rosenberg, who sits in the Southern District of Florida, to 24 months’ imprisonment, followed by three years of supervised release. In addition, the court ordered Sherman to pay over $7.2 million in restitution.