A federal judge has delayed the sentencing trial for a former White County businessman who pleaded guilty to wire fraud and money laundering charges earlier this year.
40-year-old Jeff Gentry will now be sentenced on February 5th, rather than November 27th.
The U.S. District Attorney’s Office requested the delay because of “complex restitution and forfeiture issues” that could take some time to resolve.
Gentry’s case centered around his role in a $43 million ponzi-type-scheme. Federal authorities said Gentry used his Sparta-based businesses to bilk investors out of some $10 million .
Until the trail date Gentry will remain on release.
