Idaho man accused in Ponzi scheme
September 20, 2011
Total Loss:
$76 Million
An eastern Idaho man who pleaded guilty to felony wire fraud and money laundering as part of an agreement with federal prosecutors is asking a federal judge for leniency.
Daren Palmer last week filed paperwork in U.S. District Court in Pocatello asking for a prison term of four to five years rather than the 10 to 12 years called for by sentencing guidelines.
Source:
Houston Chronicle
Posted in:
Collusive Networks
ACH and Wire Fraud
Money Laundering