Convicted fraudster’s court date is put off until April 18.
The fifth sentencing delay provides more time for the convicted fraudster to sell assets for a hefty cash settlement.
Civil Penalties May Top $12 million
Prosecutors could seek $17 million in addition to repayment, 3 years’ prison as judge delays fraudster's sentencing.
A Judge in Pittsburgh is set to sentence Michael Ruffatto on Tuesday for a massive criminal fraud associated with his failed Two Elk power plant.