RE: United States v. Svete, et all
USDC Case Number: 3:04cr10/MCR
David Svete and Ron Girardot were sentenced today, June 23, 2005.
Svete was sentenced to 19½ years, consisting of 16½ in prison and 3 years supervised probation. His surrender date is August 15. In addition, an order of forfeiture was entered in the amount of 21 million dollars.
Girardot was sentenced to 8 1/4 years, 5 1/4 in prison and 3 years supervised probation.
Additionally, an order of restitution will be entered at a minimum of $100 million and maximum of $130 million as to each within the next 90 days.
More details will be provided in a few days.