ATLANTA, Aug. 30 -- The U.S. Department of Justice's Federal Bureau of Investigation Atlanta Field Office issued the following press release:
ATLANTA - Todd Burkhalter, the founder and Chief Executive Officer of the Georgia-based financial advisory group Drive Planning LLC ("Drive Planning"), was sentenced today to serve 20 years in federal prison, the maximum allowed by law, for orchestrating a years-long Ponzi scheme that resulted in thousands of investors losing nearly $400 million. Two other top executives of Drive Planning, David Bradford and Julie Edwards, were sentenced to federal prison earlier this week for their roles in the scheme.
"Todd Burkhalter lured investors to send millions of dollars to Drive Planning for investments th...