Dooley indicted for wire fraud, other charges
OLIVE BRANCH — Federal prosecutors say a commodities trader ran up more than $141 million in losses through the Chicago Board of Trade through unauthorized buying and selling of wheat futures.
Evan Brent Dooley of Olive Branch has been indicted on wire fraud and other charges.
The indictment accuses Dooley of lying about his finances to establish a relationship with the Memphis office of the MF Global commodities brokerage.
The indictment returned yesterday alleges Dooley used his account with MF Global to engage in unauthorized night trading in Feb. 2008.
The company shut down his account when it discovered the trading.
Dooley’s defense attorney, Keri Ambrosio, hasn’t returned a call seeking comment today.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Panther Creek megasite — Putting a value proposition out there
- BBB issues warning involving asphalt paving scam
- Prescription for success — Transcript Pharmacy continues fast growth
- Study: Mississippi has highest sales tax rate in U.S.
- Mississippi State makes NSF ranking of research universities
- Panther Creek's location in medical industry zone boosts bio-med prospects
- TVA president/CEO Johnson tours Techumseh, Yokohama plants
- Chris McDaniel responds to radio show audio clip
- Sawtimber, pulpwood markets improving, but challenges remain
- News The Way You Want It!