Foreclosure Rescue/Insurance-Related Ponzi Scammer Stiffs Victims On Restitution Payments In Violation Of Court-Approved 'Jail-Time Buy-Out' Deal; Judge Revokes Defendant's Probation, Throws Her Into The Slammer For 15 Years

In Orlando, Florida, WFTV-TV Channel 9 reports:

• There are two big developments in Action 9 investigations that uncovered hundreds of fraud victims. One woman has been sent to prison for selling phony grants. And another woman is now behind bars for peddling insurance investments the state called a ponzi scheme.
  
  Action 9's Todd Ulrich confronted Nanci Hubsch in 2008. "Do you have anything to do with HUD?" Ulrich asked Hubsch. "Get out of here." Hubsch said.
  
  Hubsch did not answer Ulrich's questions about her foreclosure rescue and insurance companies.
  
  Hubsch was sentenced to 15 years in state prison for failing to pay restitution to victims of her insurance investments. State investigators called the investment plan a ponzi scheme. 

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• Hubsch was first sentenced to probation only, but when a judge found she failed to make any restitution payments, that triggered prison time. 

For the story, see Action 9 investigations lead to prison time for women.