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FraudNews
04-12-2011, 12:19 PM
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WexTrust CEO gets 13 years prison in Ponzi case (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG29cJuZporRS_xuTb6uqhvt6LOrw&url=http://www.reuters.com/article/2011/04/12/us-ponzi-wextrust-plea-idUSTRE73B2A320110412)
Reuters
NEW YORK (Reuters) - A former private equity executive was sentenced to 13 years and four months in prison for his role in a real estate investment fraud that federal authorities have called a $255 million Ponzi scheme targeting Orthodox Jews. ...
Former WexTrust CEO Sentenced to 13 Years (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHmgHhcGCtd9ya4xTg5wIB6hIMVCA&url=http://www.courthousenews.com/2011/04/12/35695.htm)Courthouse News Service
WexTrust CEO gets 13 years in prison (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEiKj0gBknmMmG6rerrU_-kDIzBGQ&url=http://hamptonroads.com/2011/04/wextrust-ceo-gets-13-years-prison)The Virginian-Pilot
WexTrust Co-Founder Byers Sentenced to More Than 13 Years (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEQuML0lMXB2IYr7XgoPoRDevgdGQ&url=http://www.businessweek.com/news/2011-04-11/wextrust-co-founder-byers-sentenced-to-13-years-four-months.html)BusinessWeek
NASDAQ (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGrm4xYX5axj6oZhqijsMDGUB8UxA&url=http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid%3D201104111835dowjonesdjonline0 00381%26title%3Dpress-releaseformer-ceo-and-president-of-wextrust-capital-sentenced-in-new-york-to-160-months-in-prison-for-real-estate-investment-fraud-scheme)
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