Lawyer Jailed for $1B Ponzi Scheme
Fresno News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
A Bay Area lawyer, Ari Lauer, sentenced to eleven years and five months for his role in a $1 billion Ponzi scheme involving DC Solar, a Benicia company. The scam involved selling fake solar generators, resulting in losses of nearly $830 million for investors, including Warren Buffetts Berkshire Hathaway. Lauer pleaded guilty in October 2025, avoiding a potential 25-year sentence, and will surrender by May 5th, with a restitution hearing set for April 27th.
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