An Arizona man was sentenced to serve 16 years in jail for scamming millions of dollars from the elderly, officials announced in a Monday press release. Kent Maerki, 78, misrepresented two companies he founded while on the radio, including in a presentation of a “wireless spectrum he called ‘Money From Thin Air’” and in other ways to receive investments, court documents said, according to a Department of Justice press release. Maerki founded Dental Support Plus Franchise, LLC, and Janus Spectrum, LLC. Maerki was involved in a plot, which stretched across the country and scammed more than $23 million from people, according to the press release. The Arizona man and others involved in the scam operation managed “numerous entities that sold purported ‘franchises’ and ‘private equity’ opportunities through salesmen across the country.” The scammers’ salesmen misrepresented and left details out when they pitched “illiquid, highly speculative investment vehicles” sales to people …
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