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Georgia financial CEO Todd Burkhalter sentenced to 20 years in prison for running historic $380M Ponzi scheme to fund his lavish lifestyle

Georgia
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A Georgia financial advising CEO was sentenced Friday to 20 years behind bars for masterminding a $380 million Ponzi scheme to fund his lavish lifestyle of yachts, private jets and luxury shopping. Todd Burkhalter, the founder of Atlanta-area Drive Planning LLC, orchestrated one of Georgia’s largest schemes and stole millions from over 2,000 investors in the years-long con. Burkhalter, 59, was ordered to serve two decades in federal prison by US District Court Judge Tiffany R.

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