Krstic Ponzi empire defendant Jaira David has been sentenced to three years in prison.

Upon release David will be subject to two years of supervised release. He’s also been ordered to pay $380,000 in restitution.

David, who scammed under the aliases Jenny Liu, Kate Muller and Alice Newton, was indicted back in March 2020.

Criminal charges against David stem from his involvement in Kristijan Krstic’s Ponzi empire.

Krstic was originally indictment on one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering.

In November 2021 David pled guilty to wire fraud. As part of his plea agreement, Money laundering charges against were dropped.

Of the $380,000 in restitution David has been ordered to pay, $2000 and $183,000 are joint and several with Haojia Miao and Atonije Stojiljkovic respectively.

Haojia Miao pled guilty to wire fraud in December 2021. Stojiljkovic pled guilty to conspiracy to commit wire fraud in November 2021. Both defendants have yet to be sentenced.

The court determined David was unable to pay anything beyond restitution. This ruled out interest on his restitution and a civil monetary penalty.

Ponzi kingpin Kristijan Krstic (right) has been indicted twice by US authorities. At the behest of the FBI, Krstic was arrested in Serbia in July 2020.

As part of extradition proceedings, Krstic was eventually granted release pending a final decision by the Serbian government.

Upon being released under suspicious circumstances, Krstic and his wife promptly went into hiding. The wanted fugitives remain at large.