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News Story
Updated: 05/23/2014 08:00:01AM

Sarasota man with North Port ties facing federal indictment

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By DREW WINCHESTER

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A Sarasota man turned himself in to federal authorities in Tampa on Wednesday after being indicted in a ponzi scheme in which it’s alleged he stole millions of dollars using his North Port-based investment firm.

Gaeton Della Penna, 61, is facing eight counts of wire fraud and 10 counts of mail fraud in connection with his alleged scheme, according to a Securities Exchange Commission report.

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