Cynthia Setszer
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Tuesday December 16, 2008
IPIC International:
Her husband Gregory Earl Setser was sentenced to 40 years in prison for his involvement in the scheme. His sister Deborah S. Setser was convicted and sentenced to 15 years in prison and Joshua Nathan Setser was sentenced to two years in prison.Beginning in 2000 in North Texas, the defendants devised a scheme to induce people to enter into investment contracts with IPIC.
They targeted churches, ministries and religious organizations and their pastors, leaders and members and represented to investors that IPIC was a highly successful import/export business.
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