Gregory Bartko, of Atlanta, has been sentenced to 23 years in prison by Chief U.S. District Court Judge James C. Dever III after a 13-day trial. Bartko received the sentence for his alleged part in an investment fraud scheme that affected around 200 investors. Prosecutors in the case had previously asked that Bartko be sentenced to a total of 90 years in prison.
According to court records, Bartko enticed investors with statements that their investments were insured and secure. Unfortunately, the investments are said to have been fraudulent, and Bartko is accused of using investors’ cash for his own personal expenses. A U.S. Attorney in the case, after requesting the 90-year sentence for Bartko, stated that “Defrauding decent folks out of their life savings amounts to robbing them of their dreams.”
Another man, John K. Colvin, of Tennessee, has also been sentenced in relation to the alleged investment scam. Colvin received a sentence of 25 years in prison.
Unfortunately, we see investment scam cases like this almost every day, and we know that it is the investors who end up suffering – even after the criminal case has come to a close. The securities fraud lawyers with Meyer Wilson represent investors nationwide in stockbroker mediation, arbitration, and litigation against the brokers and brokerage firms who have harmed them. We have over 50 years of collective experience, and we look forward to putting that experience to work for you.