A U.S. court in Maryland sentenced an Israeli woman Thursday to 22 years in prison for orchestrating a scheme that prosecutors said defrauded tens of thousands of investors across the globe out of tens of millions of dollars.
U.S. District Judge Theodore Chuang told Lee Elbaz, 38, her actions cost vulnerable investors their life savings, homes and even their marriages.
"This was a very significant crime with significant harm to victims," the judge said.