Archive for July 21st, 2011

Senior Who Swindled Seniors In $18 Million Ponzi Scheme Sentenced To 108 Months In Federal Prison; Case Sends Message To ‘Con Artists,’ Top Federal Prosecutor Says

Senior Who Swindled Seniors In $18 Million Ponzi Scheme Sentenced To 108 Months In Federal Prison; Case Sends Message To 'Con Artists,' Top Federal Prosecutor Says

Louis J. Borstelmann, a California senior citizen who swindled “elderly and retired” investors in Oregon and elsewhere in an $18 million Ponzi scheme, has been sentenced in Oregon to 108 months in federal prison, prosecutors said. Borstelmann is 69. Most of his victims resided in the area of Florence, Ore., although others hailed from Hawaii, […]

FEDS: Texas Man Who Attacked U.S. Marshal With Razor Blade In Courthouse Later Attacked Federal Prosecutor In Courtroom; Jose Garcia Jr. To Spend 28 Years In Prison

FEDS: Texas Man Who Attacked U.S. Marshal With Razor Blade In Courthouse Later Attacked Federal Prosecutor In Courtroom; Jose Garcia Jr. To Spend 28 Years In Prison

A Texas man who pleaded guilty to charges of attempting to kill a deputy U.S. Marshal with a razor blade later assaulted a federal prosecutor, authorities said. In May 2009, Jose Garcia Jr. was being led into a federal courtroom in McAllen to face allegations that he had violated the conditions of his probation. As […]

Bowdoin’s Purported Fundraising ‘Army’ Misses ‘Revised’ Launch Date; Site Now Advertises ‘Final Revised Launch Date’ Of July 26

Bowdoin's Purported Fundraising 'Army' Misses 'Revised' Launch Date; Site Now Advertises 'Final Revised Launch Date' Of July 26

A website that says it is raising “required” defense funds for accused Ponzi schemer Andy Bowdoin of AdSurfDaily now has missed its second launch date and claims it is working on a third. Dubbed “Andy’s Fundraising Army,” the site first advertised a launch date of “on or before” July 15. It then advertised a “revised” […]