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A comment on Guiding a Venture-Backed Startup to a Felony. Parent comment

Re:Guiding a Venture-Backed Startup to a Felony by greenyoda on Saturday August 20, 2016 @04:31PM (#12328189)
The article mentions that the defendant was convicted of securities fraud, a "Class Three Felony" in Colorado. According to this web site[1]:

"Class three felonies, such as vehicular homicide while under the influence, are punishable by four to 12 years behind bars and five years of parole."

[1] http://www.mbslawco.com/blogs/2015/october/understanding-man...

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Re:Guiding a Venture-Backed Startup to a Felony by sigacts on Saturday August 20, 2016 @06:29PM (#12328547)
Yep. We talked to the judge after the case and he said that the punishment could range from probation to 12 years in state prison. The defendant has no criminal history, so I would imagine the sentence will be relatively light.
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Re:Guiding a Venture-Backed Startup to a Felony by sovietmudkipz on Saturday August 20, 2016 @11:29PM (#12329254)
With a felony on your record, no sentence is a light sentence. He'll be haunted by his conviction until he dies, can get records sealed (depending on his state), or receives a presidential pardon.
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