Judge orders $29.8M payment in Ponzi case

New Jersey Superior Court Judge David B. Katz ordered a Marlton investment company, Carr Miller Capital L.L.C. and three of its leaders, to pay $29.8 million to investors defrauded in a Ponzi scheme it ran until Dec. 2010, when the state Attorney General obtained a court order freezing the assets of company president Everett Charles Ford Miller.

Miller, 43, of Marlton, and vice presidents John Paul Fish, 39, of Hainesport, and Ryan Jude Carr, 37, of Franklinville, must together pay $6.5 million in additional civil penalties.

Judge Katz, in Newark, found that 8,800 violations of the state's Uniform Securities Law were committed. Miller faces up to 25 years in prison after pleading guilty July 9 to securities fraud and tax evasion in a parallel federal criminal case. Jane M. Von Bergen