U.S. Attorney John Walsh
PP Blog Tag archives on references to "U.S. Attorney John Walsh."
Man From Colorado Town Of Fairplay Ran ‘Gold Coin’ Fraud Scheme, Prosecutors Say
James P. Burg, formerly of Fairplay, Colo., ripped off his customers for gold coins and, in at least one instance, “used one customer’s payment for coins to refund funds to another customer,” federal prosecutors said. The scam fetched more than $2.4 million and operated through three websites, prosecutors said. Burg, 61, became the subject of […]
BULLETIN: Philip Lochmiller Sr., 64-Year-Old Recidivist Huckster And Ponzi Schemer, Effectively Sentenced To Life In Prison
BULLETIN: Philip Lochmiller Sr., the Colorado recidivist securities huckster and Ponzi schemer whose case drew comparisons to the AdSurfDaily Ponzi case for a lack of key disclosures to investors, has been sentenced to 405 months in federal prison and ordered to pay restitution of $18.6 million. The term amounts to nearly 34 years. Lochmiller is […]
U.S., Colorado Say Bella Homes — An MLM ‘Opportunity’ — Is A Foreclosure-Rescue Scam Whose ‘Mastermind’ Is A Convicted Felon Currently On Probation; Firm’s Business Operations Halted
“Foreclosure-rescue scams prey on distressed homeowners’ desire to save their homes and to find any means to help fix their dire financial situations. As is the case with most loan-modification and foreclosure-rescue operations, consumers who dealt with Bella Homes lost not only the thousands of dollars they paid for ‘help,’ but also their homes.” — […]
Reputed Colorado ‘Sovereign Citizen’ Matthew O’Neill Pleads Guilty To Providing False Information After Mailing White Powder To State Department Of Revenue; Envelope Triggered Terrorism Scare And Evacuation Of Employees From Government Building
On May 17, 2011, Matthew “Matt” O’Neill, 52, entered a post office in Kremmling, Colo., and “filled out documents for certified or registered mail,” federal prosecutors said. O’Neill, though, did not immediately put his envelope in the mail. Instead, he left the post office and “reentered several times before finally mailing” it, prosecutors said. By […]
Recidivist Huckster, 63, Found Guilty In $30 Million Ponzi Scheme Based In Colorado; Philip R. Lochmiller Sr. Wiped Out Investors After Earlier Serving 3 Years In California Prison For Securities Fraud
UPDATED 8:57 P.M. EDT (U.S.A.) Philip R. Lochmiller Sr., 63, has been found guilty of money-laundering, mail fraud and conspiracy in federal court in Colorado. The jury returned the verdict in three hours, after a 10-day trial, the office of U.S. Attorney John Walsh of the District of Colorado said. Lochmiller spent three years in […]