A Houston man residing in Los Angeles has been sentenced to more than seven years in federal prison for orchestrating a $12.5 million wire fraud scheme that preyed on investors during the early months of the COVID-19 pandemic.

Robert Maxwell, 31, pleaded guilty to wire fraud on April 10. On Thursday, he was sentenced to 90 months, or seven and a half years, in prison. He will also serve three years of supervised release after completing his sentence.

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Maxwell was ordered to pay full restitution to his victims.

During the early months of the pandemic, Maxwell falsely claimed to investors that he had secured a manufacturing contract with a Chinese company to produce personal

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