Federal prosecutors said Perry Santillo of Rochester bilked at least a thousand people across the country out of more than $100 million between January 2008 and June 2018.

A 39-year-old man pleaded guilty to multiple federal charges for his role in a nationwide multi-million dollar Ponzi scheme.

Federal prosecutors said Perry Santillo bilked at least a thousand people across the country out of more than $100 million between January 2008 and June 2018.

Last year, our news partner, News10NBC spoke with two local victims of the Ponzi scheme and an attorney who represented dozens of victims.

Santillo pleaded guilty to conspiracy to commit mail fraud, mail fraud, and conspiracy to launder money. He faces a maximum of 20 years in prison and a $1 million fine.

As part of the plea deal, he also agreed to plead guilty to a mail fraud charge out of Pennsylvania. That charge also carries a maximum penalty of 20 years and a $500,000 fine.

Santillo is scheduled to be sentenced in March.