Jeremy Blackburn, Canopy Financial

Canopy Financial was a health care transaction software manufacturer. On February of this year, Jeremy Blackburn, the Founder and Anthony Banas, CTO was found guilty for engaging in a fraud scheme that cheated investors of approximately $75 million and also misappropriated more than $18 million from customer accounts intended for health care savings and expenses. With the money, Blackburn bought a fleet of luxury cars including Bentley’s and Rolls Royce. He was sentenced to 15 years of imprisonment along with Banas, who got 13 years.