There she is. A typical Newport yachtie. Sails her yacht in the Newport-Bermuda Race. Hangs out on St. Barts. Seems to have lots of rich friends. Is apparently something of a genius in dealing commodity futures.
Wrong, wrong, wrong.
Liza Baldwin was running a Ponzi scheme and defrauded her victims out of millions of dollars. She talked a good game but today she was sentenced to 30 years at the Rhode Island Adult Correctional Institute, with 8 to serve, and ordered to pay $7.9M in restitution.
No more sailing for you Ms. Baldwin.