RALEIGH, N.C. — A federal judge in North Carolina is expected to hand down a lengthy prison sentence to a former securities lawyer convicted in a massive fraud case.
Gregory Bartko, 58, of Atlanta was convicted in 2010 on six counts related to a conspiracy to sell millions of dollars in fraudulent securities to more than 200 investors in 21 states, including several Baptist churches.
Prosecutors said the victims were falsely told that their investments were safe and insured, even as Bartko and his co-conspirators withdrew funds for personal use.
Following his conviction, Bartko has filed numerous motions alleging flaws in his case and seeking a new trial, all denied.
Prosecutors have asked Chief U.S. District Court Judge James C. Dever III to sentence Bartko to 90 years in prison.
Credit: The Associated Press.