A Corona del Mar man was sentenced Tuesday to seven years in federal
prison for running a large Ponzi scheme that defrauded about 350 victims
of nearly $8.7 million.
Steven Hevell, 38, was sentenced by U.S. District Judge Alicemarie H.
Stotler, who also ordered that Hevell pay about $8.6 million in
The victims were defrauded by a high-technology investment scheme that