Day: April 13, 2012
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BULLETIN: Church Bishop/Attorney Martin T. Sigillito Found Guilty In $52 Million Ponzi Scheme; ‘One Of The Largest Fraud Schemes In Missouri History’
BULLETIN: Martin T. Sigillito, the ordained priest, American Anglican Bishop and attorney, has been found guilty of all 20 counts brought against him in a $52 million Ponzi and fraud caper. A federal jury in St. Louis that deliberated for about six hours found Sigillito guilty of conspiracy, mail fraud, wire fraud and money-laundering, the…
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URGENT >> BULLETIN >> MOVING: SEC Charges Shervin Neman In Alleged Ponzi Scheme Targeted At Los Angeles Persian-Jewish Community; Federal Judge Issues Emergency Asset Freeze
URGENT >> BULLETIN >> MOVING: The SEC has gone to federal court in Los Angeles, alleging that a California man was operating a $7.5 million Ponzi scheme targeted at the Persian-Jewish community. U.S. District Judge Jacqueline H. Nguyen has issued an emergency asset freeze. Charged in the alleged affinity-fraud caper was Shervin Neman, 30, of…
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KABOOM! Judge Sentences 2 Swindlers Who Presided Over Pyramid Scheme And Stock-Fraud Caper To A Combined 64 Years In California State Prison
James A. Sweeney II and Patrick M. Ryan — the two men who presided over the Big Co-op Inc. and Ez2Win.biz online pyramid scheme and stock swindle — have been sentenced to a combined 64 years in state prison, California Attorney General Kamala D. Harris announced. Sweeney, 64, of Afton, Tenn., was sentenced to 33…