Overview
- A federal judge ordered forfeiture of over $1 million and restitution exceeding $170,000 to victims.
- Prosecutors said Ford raised roughly $9.4 million from about 2,800 investors through Wolf Capital.
- Court filings state he knew the touted daily returns were not achievable yet continued soliciting funds.
- He pleaded guilty in January 2025 to conspiracy to commit wire fraud in a case investigated by the U.S. Postal Inspection Service and prosecuted by the Justice Department’s Fraud Section.
- Some outlets report he will also serve three years of supervised release following the prison term.