Blue State Crime - 81-Year Old CA Man Gets 29 Years in Senior Scam

[Patriot Games]

http://www.newsmax.com/us/investment_fraud/2008/02/22/74812.html

Calif. Man Gets 29 Years in Senior Scam

Friday, February 22, 2008

LOS ANGELES -- An 81-year-old California man has been sentenced to 29 years
in prison in a huge investment scam that cost victims at least $190 million.

John Heath was convicted last month of 52 crimes included grand theft,
selling false securities and theft from the elderly. He was sentenced Friday
in Riverside County.

Heath, his son and another man were found guilty of running a Ponzi scheme
that funneled money from new investors to pay off people who had already
pumped in cash.

Prosecutors estimate 1,800 people in 25 states were victimized.

 

[lorad474@cs.com]

On Feb 22, 2:56

 

[robw]

So what?


"Patriot Games" <Patriot@America.com> wrote in message
news:47bf5301$0$4938$4c368faf@roadrunner.com...
> http://www.newsmax.com/us/investment_fraud/2008/02/22/74812.html
>
> Calif. Man Gets 29 Years in Senior Scam
>
> Friday, February 22, 2008
>
> LOS ANGELES -- An 81-year-old California man has been sentenced to 29
years
> in prison in a huge investment scam that cost victims at least $190
million.
>
> John Heath was convicted last month of 52 crimes included grand theft,
> selling false securities and theft from the elderly. He was sentenced
Friday
> in Riverside County.
>
> Heath, his son and another man were found guilty of running a Ponzi scheme
> that funneled money from new investors to pay off people who had already
> pumped in cash.
>
> Prosecutors estimate 1,800 people in 25 states were victimized.
>
>
>

 

[Patriot Games]

<lorad474@cs.com> wrote in message
news:1629bb39-f594-42b1-adaa-455adb699091@n77g2000hse.googlegroups.com...
On Feb 22, 2:56 pm, "Patriot Games" <Patr...@America.com> wrote:
>> http://www.newsmax.com/us/investment_fraud/2008/02/22/74812.html
>> Calif. Man Gets 29 Years in Senior Scam
>> Friday, February 22, 2008
>Sounds like another republicon scammer.

The People's Republik of Kalifornia.....

Most assuredly a Democrat.