A significant Ponzi scheme case has concluded with sentencing in federal court in Atlanta. A Florida man, Todd Burkhalter, will serve 20 years in prison after pleading guilty to wire fraud. The scheme, which operated from September 2020 to June 2024, affected over 2,000 investors and involved approximately $380 million.

Burkhalter's company, Drive Planning LLC, was used to defraud investors. Further details about the case, including the involvement of Burkhalter's associates, are available from the source. The FBI has described the scheme as likely the largest in Georgia history.