Kauai Man Convicted in $19 million Fraud Case
September 27, 2011
Total Loss:
$19 Million
A 60-year-old Kauai man has been convicted of operating a $19 million fraud that victimized 140 people.
A federal court jury today convicted David E. Ruskjer following a 14-day jury trial.
Florence Nakakuni, U.S. Attorney for Hawaii, said Ruskjer was convicted of multiple counts of mail and wire fraud, money laundering and illegal currency transactions.
He will be sentenced Jan. 5 by U.S. District Court Ssenjior Judge Helen Gillmor.
Source:
Hawaii Reporter
Posted in:
Money Laundering
ACH and Wire Fraud