"Egyptian Meydoffa" put in 15 years.

Cairo court sentenced a former businessman Nabil Al-Boushi (Nabil al-Bushi), nicknamed "the Egyptian Meydoffom, to 15 years in prison for fraud in a particularly large amount, reported AFP.
Nabil Al-Boushi was accused of embezzling some 62 million dollars. The victims of the fraudster were, mainly Egyptian celebrities - politicians, actresses, footballers. From 2002 to 2008, Nabil al-Boushi persuaded 85 people to invest in his company Optima Security Brokerage, promising that after the operations on the stock exchanges in London and New York, all depositors will get a profit of 40 per cent of the deposit amount.
In doing so, Nabil al-Boushi assured investors that took a high position in the World Bank and an advisor to the Government of Egypt's investment policy.
Assistant Nabil al-Boushi Fekri Badreddin (Fekri Badreddine) sentenced to three years' imprisonment. In addition to returning money to investors, both fraudster ordered to pay fines. Penalty Nabil al-Boushi was 1.7 million dollars, Fekri Badreddina - 17 thousand dollars.
In March 2009, the American financier Bernard Meydoff was convicted of fraud and embezzlement of 50 billion dollars. His company Madoff Investment Securities decades working on the model of the financial pyramid. March 12, 2009 Meydoff pleaded guilty to fraud, money laundering and false testimony. To date, the sentence he has not yet been sentenced.