Perpetrators of massive Oregon Ponzi scheme get prison time


The perpetrators of what prosecutors say was the largest-ever Ponzi scheme in Lane County are heading to federal prison.

Brothers Michael S. Holcomb and Gary L. Holcomb, both of Junction City, were sentenced to 72 months in federal prison. Michael Holcomb's daughters, Jennifer L. Chambers, of Eugene, and Kristen S. Van Breeman, of Happy Valley, each received five years probation and 250 hours of community service.

From 2008 to 2012, the brothers were managing partners of Berjac of Eugene and…

Previous New development will bring 14 new townhomes to West Highlands
Next Total consumer debt increased faster in Hawaii than the nation, DBEDT report