Archive for October 8th, 2009

Richard M. Harkless, Ponzi Scheme Figure, Sentenced To 100 Years In Prison; Judge Says He Showed No Remorse

A California man convicted of wire fraud, mail fraud and money-laundering in a $60 million Ponzi scheme has been sentenced to 100 years in prison and ordered to pay nearly $35.5 million in restitution. Separately, Richard M. Harkless was ordered to pay $42 million in disgorgement, prejudgment interest and civil penalties in a case brought […]

BREAKING NEWS: Bowdoin Attorney Says Client ‘Not Happy’; Claims Government’s Position ‘Indefensible’

UPDATED 4:58 P.M. EDT (U.S.A.) ASD President Andy Bowdoin is “not happy” and recent filings by the prosecution and the U.S. Secret Service are “indefensible,” Bowdoin’s lawyer said in court filings today. Charles A. Murray, Bowdoin’s attorney, argued again that Bowdoin had been ill-served by a previous attorney when he agreed to surrender claims to […]