The Price of Fraud
Saloka now faces a steep penalty—up to 10 years in prison and a $250,000 fine, or twice the financial impact of his crimes, whichever is greater.
His legal counsel, Vincent LaPaglia, has not issued a statement, and requests for comment went unanswered.
Assistant U.S. Attorneys Jessica R. Ecker and Katherine M. Romano are prosecuting the case.
Case details remain sealed for now, but with millions siphoned and key players already convicted, Saloka’s fate looms large.