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“Amish Bernie Madoff” Money Manager Gets Light Sentence for Fraud

YOUNGSTOWN, Ohio — The penalty for stealing $17 million from 2,700 victims and wiping out their life savings is only 6 1/2 years of prison, according to the sentence recently imposed – or perhaps more accurately said, gifted – by a U.S. District Court to Monroe Beachy of Ohio. Six-and-a-half years of prison for $17 […]

HOUSTON – Fallen financier Allen Stanford’s trial is unveiling the details of his alleged $7 billion fraudulent investment scheme.  Stanford’s minions described how the attempts to hide the red flags surrounding the former Texas tycoon’s alleged scheme grew increasingly desperate as federal investigators closed in on him. James M. Davis, who was Stanford’s former chief […]

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