Friday, November 07, 2008
Man sentenced for fraudulent investment scheme
CEDAR RAPIDS, Iowa - A former insurance salesman has been sentenced to more than 5 years in prison for defrauding investors in Cedar Rapids... The 60-year-old received the prison term after a Nov. 7, 2007, guilty plea to two counts of wire fraud.
At the plea hearing, Jenkins admitted that, from about July 2000 through May 2003, he and others devised a scheme to defraud Life Investors by obtaining life insurance policies in the names of individuals with serious health conditions...
Chicago Tribune: Man sentenced for fraudulent investment scheme
At the plea hearing, Jenkins admitted that, from about July 2000 through May 2003, he and others devised a scheme to defraud Life Investors by obtaining life insurance policies in the names of individuals with serious health conditions...
Chicago Tribune: Man sentenced for fraudulent investment scheme