URGENT >> BULLETIN >> MOVING: Pat Kiley, Jason Bo-Alan Beckman, Gerald Durand Indicted In Trevor Cook Ponzi

By 6:38 pm Jul 20, 2011

URGENT >> BULLETIN >> MOVING: UPDATED 7:02 P.M. EDT (U.S.A.) Former radio host Pat Kiley and two others have been indicted criminally in the $194 million Trevor Cook Ponzi scheme, federal prosecutors in Minnesota said this afternoon.

The others are Jason Bo-Alan Beckman, 41, and Gerald Joseph Durand, 60. Kiley is 73.  He formerly hosted the “Follow The Money” radio program.

All three defendants were charged with wire fraud, mail fraud, conspiracy and money-laundering. Kiley and Beckman previously had been charged civilly, but the Cook case took a dramatic turn with the filing of criminal charges. Cook already is serving a 25-year term in federal prison.

Read the indictment.

Categories: Alleged Ponzi Schemes, The Economy, Uncategorized
Tags: , , , , ,

About the Author

2 Responses to “URGENT >> BULLETIN >> MOVING: Pat Kiley, Jason Bo-Alan Beckman, Gerald Durand Indicted In Trevor Cook Ponzi”

  1. admin
    Jul 21, 2011 at 12:56 am |

    Star Tribune story:

    http://www.startribune.com/business/125914273.html

    Patrick

  2. UPDATE: Criminal Prosecutors Say Jason Bo-Alan Beckman Stole Nearly $4 Million From Elderly Husband And Wife; Wife A Stroke Victim With ‘Hemispheric Paralysis,’ According To Court Records; Beckman’s Manipulations Amount To ‘Contuma
    Dec 19, 2011 at 7:40 am |

    […] and at risk of having his trading account closed in February 2008, Jason Bo-Alan Beckman — a figure in the Trevor Cook Ponzi scheme — sought to address the whopping shortfall and prop up the […]

« »