Postal Inspectors, IRS Say Canadian Promoted ‘Series’ Of HYIP Frauds; Randi A. Bochinski Arrested In British Columbia, Faces U.S. Indictment

Still promoting HYIP frauds on the Ponzi boards and elsewhere?

A Canadian citizen was arrested in British Columbia June 3 and now has been indicted in the United States on charges of wire fraud, mail fraud and money-laundering, authorities said.

Randi A. Bochinski, 46, of Kelowna, B.C., potentially faces decades in prison and huge fines if convicted.

A company known as Carlant Holdings Ltd. was “among other schemes” Bochinski promoted, federal prosecutors said.

The case was investigated by the U.S. Postal Inspection Service and the IRS Criminal Investigations Division, and will be prosecuted by the Economic Crimes Unit of U.S. Attorney Carmen M. Ortiz in Boston.

Bochinski “promoted a series of high-yield investment programs, whereby he promised investors significant returns on their investments within a short amount of time,” prosecutors said.

“[A]mong other schemes, Bochinski solicited investors to invest in” Carlant by stating “they would receive returns of 8-10 times their investment within 90 days,” prosecutors said, adding that neither the purported returns nor the purported payout timeline ever materialized.

Investors were told their money would remain in an escrow account, but Bochinski “transferred the investments out of the escrow account without notifying the investors,” prosecutors said.

“To date, only small portions of the initial investment have been returned to the investors, none of it was returned within 90 days, and the promised returns have been non-existent,” prosecutors said.

Bochinski “also promoted several other fraudulent investments to investors throughout the country and used funds invested by newer investors to make payments to previous investors,” prosecutors said.

About the Author

3 Responses to “Postal Inspectors, IRS Say Canadian Promoted ‘Series’ Of HYIP Frauds; Randi A. Bochinski Arrested In British Columbia, Faces U.S. Indictment”

  1. This also showed up on google:
    http://www.fedreceiver.com/uploads/091208-1260316011-17.pdf
    It mentions “Randi Bochinski” and the receiver may be the same Thomas F Lennon who administered 12DailyPro. I haven’t read it fully, but it also mention Cash Cards Int & Steve Renner.

      (Quote)

  2. Tony H: It mentions “Randi Bochinski” and the receiver may be the same Thomas F Lennon who administered 12DailyPro. I haven’t read it fully, but it also mention Cash Cards Int & Steve Renner.

    Tony,

    Thanks for this. It’s paperwork from the receiver in the Learn Waterhouse Ponzi case — and, yes, it was Thomas Lennon, the same receiver as in the 12DailyPro case.

    The specific reference to “Randi Bochinski” is cited below (emphasis added):

    “Acosta purportedly acted as “escrow agent.”
    Acosta disbursed $3,324,515 of LWI funds
    to persons and entities that Ling has
    identified are associated with Solegasa.
    Related parties include: Carolina Arionies,
    RANDI BOCHINSKI, Claudia Castro, Albert
    Closer, Tony Coligan, Luis Cordova, Tom
    Crossan, Antonio Flores, Carlos Hinojosa,
    Kids Fight Cancer, Lighthouse Two, Luis
    Martinez Mario Rodriguez, T.B. Enterprise
    Therrian Irrevocable Trust, Tyrone Thruial,
    Edward Tong”

    Patrick

      (Quote)

Leave a Reply