Re: Ill-Gotten Payoffs vs Prison Time
> There's no mention in the story of any of it being clawed back...
That comes later? Read the Sentencing Memo referred in the story paragraph 4, see page 4 footnote 3.
The government requests that the Court set a restitution hearing to determine an appropriate restitution amount. The PSR set restitution in the amount of $1,464,717.90. (PSR at 24–25). The government is actively working to obtain information from other victims, which is a substantial undertaking because the majority of victims reside outside of the United States. The government has recently expanded its notification efforts to include Spanish-language notifications and is further widening its public outreach. A future restitution hearing would afford sufficient time for additional victims involved in this case to come forward.
It does seem like the suggested $1.4M is less than the $23M given in elReg's headline.
FWIW: we just came across some published writing by my father we never knew about; that he has forgotten. If somebody is selling it, we would never have known.