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California attorney gets seven years for Ponzi scheme using federal bank bailout funds

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Attorney David Tamman was sentenced Monday to seven years in federal prison for helping obstruct two investigations of a Ponzi scheme that took $22 million from investors. Tamman, 46, of Santa Monica, Calif., was convicted on 10 counts after a bench trial last year, which included obstruction of justice, altering records in a federal investigation and being an accessory after the fact to the...