SACRAMENTO, Calif. — Matthew Piercey, 49, of Palo Cedro, was sentenced today by Chief U.S. District Judge Troy L. Nunley to 30 years in prison for wire fraud, concealment money laundering, and witness tampering in connection with a $35 million investment fraud scheme, U.S. Attorney Eric Grant announced.
On May 15, 2025, four days before trial, Piercey pleaded guilty without a written plea agreement to 27 counts charged in the indictment.
“Today’s sentence reflects the devastating human toll…
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