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Business Owner Sentenced To Four Years In Prison For Multimillion-Dollar Ponzi Fraud Scheme
February 27, 2026
LAS VEGAS, Nevada, Feb. 27 -- The office of the U.S. Attorney for the District of Nevada posted the following news release:

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Business Owner Sentenced To Four Years In Prison For Multimillion-Dollar Ponzi Fraud Scheme

A Las Vegas business owner was sentenced today to 48 months in prison for fraudulently obtaining nearly $4 million dollars from a food brokerage company.

According to court documents, Richard Vairo owned Richard's Brazili . . .

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