Man Gets 11 Years for Fake Internet Stock Sales

A South Florida man charged with running a $13.6 million scam involving nonexistent shares in companies including Facebook Inc. and Groupon Inc. was sentenced to 11 years in prison. John Mattera, 51, called a “reverse Robin Hood” by a prosecutor in Manhattan, used the millions he stole to fund a lavish lifestyle that included a waterfront home in Fort Lauderdale, jewelry, two Rolls-Royces, a Ferrari and a Lamborghini, according to the government.