WESTPORT, Conn. Former Westport resident Susan Italiano Wong was sentenced to six months in prison Friday for investment fraud, U.S. Attorney for Connecticut David Fein announced.
In November, Wong, of New York, pleaded guilty to one count of wire fraud stemming from an investment fraud scheme. Wong, 38, defrauded a total of $80,000 from several people between January 2010 and February 2011, the U.S. attorney's office reported in a statement. She told the investors that she would place their money in an exclusive, high-yield fund.
Wong also told the investors that she would refund their money upon their request. However, she used the funds to pay her living, travel, entertainment and business expenses, the U.S. attorney's office said.
She was sentenced Friday in New Haven by U.S. District Judge Janet Bond Arterton. Wongs imprisonment will be followed by three years of supervised release, the first six months of which she must serve in home confinement. She also was ordered to pay a $4,000 fine.
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