Prosecutors say Turpin was linked to multiple Ponzi schemes blamed for more than $2 million in losses to several individuals.
Turpin in May 2007 pleaded guilty to conspiring to commit wire fraud and mail fraud.
Investigators say Turpin convinced a woman to open a bank account in Zurich, Switzerland, and to transfer $1 million in a "high-yield European bond trading opportunity." Prosecutors say there was no such investment.
Turpin, who's been in custody since April 2007, must pay more than $2.1 million in restitution, plus forfeit the houses and a sportscar.
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