Mississippi Business Journal » scheme

Telemarketer’s appeal fails, will serve prison term

Associated Press — Wed, 10 Apr 2013 11:47:29 +0000

JACKSON — A federal appeals panel has upheld the conviction of Timothy Allen for his role in a telemarketing scheme that prosecutors said targeted seniors. Allen was convicted of conspiracy to commit wire fraud in 2012. He was sentenced to more than seven years in prison with four years’ supervised release. He also was ordered [...]

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Judge rules ex-insurance agent’s conviction, sentence will stand

Associated Press — Wed, 03 Apr 2013 11:49:51 +0000

ECRU — A federal judge has denied arguments from Ecru insurance agent Ken Nowlin that he was given faulty advice by his attorney in a government kickback case. Nowlin was seeking a new trial. The Northeast Mississippi Daily Journal reports U.S. District Judge Michael P. Mills, in an order filed Monday, denied Nowlin’s motion to [...]

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Grand jury indicts man accused of bilking investors

Associated Press — Fri, 01 Mar 2013 13:29:58 +0000

BATON ROUGE, La. — A federal grand jury has indicted a Louisiana man on 18 counts of mail fraud for allegedly executing a $13-million investment fraud scheme. The Advocate reports U.S. Attorney Donald J. Cazayoux Jr. announced yesterday that 57-year-old James R. Holdman, of Baker, La., operated a hedge fund called Greenwing Capital Management, LLC, [...]

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Appeals panel upholds mortgage fraud convictions

Associated Press — Fri, 08 Feb 2013 14:14:00 +0000

RIDGELAND — A federal appeals panel has upheld the conviction of three people in a Mississippi mortgage fraud scheme that involved more than $10 million in fraudulent loans. Former Ridgeland mortgage broker Mark Calhoun and father-and-son associates J. Larry Kennedy and Keith Kennedy, who operated a mortgage loan closing business, had appealed their 2010 convictions. [...]

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Ex-mayor convicted of murder conspiracy released from prison

Associated Press — Wed, 31 Oct 2012 17:32:04 +0000

BILOXI — Former Biloxi Mayor Pete Halat was released from prison yesterday after serving 15 years in a conspiracy that led to the 1987 slayings of a Mississippi judge and the judge’s wife, also a Biloxi City Council member. The Sun Herald reports Halat, 70, was released from federal prison in Oakdale, La., and moved [...]

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Teacher to answer charges of cheating on certification test

Associated Press — Fri, 28 Sep 2012 11:33:21 +0000

COLUMBUS — A Columbus teacher is scheduled to be in federal court in Memphis, Tenn., on Oct. 3 to answer charges she participating in a scheme in which teacher candidates would hire others to take certification tests. WCBI-TV reports 34-yeard-old Darcel Gardner, a special education teacher at Columbus High School, was placed on administrative leave [...]

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Tacker asks judge to vacate sentence for biofuels scheme

Associated Press — Wed, 26 Sep 2012 12:36:33 +0000

NETTLETON — A Mississippi businessman has asked a federal judge to vacate his five-year prison sentence on a conviction of defrauding a biofuels subsidy program. William T. “Tommy” Tacker II was convicted in 2010 on 10 counts that he conspired to defraud the U.S. Department of Agriculture of nearly $3 million for his company, Biodiesel [...]

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More charged in multi-state teacher exam cheating scheme

Associated Press — Thu, 20 Sep 2012 15:04:56 +0000

MEMPHIS, Tenn. — Federal prosecutors in Memphis have announced that 10 more people have been indicted in a scheme to hire others to take teacher certification tests in Tennessee, Arkansas and Mississippi. The additional defendants stem from a 45-count indictment returned by a grand jury in July that charged Clarence Mumford Sr. of Memphis with [...]

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Mayor Davis: State auditor ‘persecuting’ him

Associated Press — Fri, 24 Aug 2012 13:35:20 +0000

SOUTHAVEN — A north Mississippi mayor under scrutiny for alleged questionable spending of city money says he’s being persecuted. Southaven Mayor Greg Davis testified yesterday in Hinds County Chancery Court, trying to convince a judge to block Mississippi Auditor Stacey Pickering from garnishing his paycheck. Judge Dewayne Thomas issued a temporary restraining order last week [...]

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Lawmakers urging SEC to appeal decision over Stanford victims’ compensation

MBJ Staff — Fri, 03 Aug 2012 13:57:22 +0000

WASHINGTON, D.C. — Sen. Thad Cochran (R-Miss.) is supporting a legal appeal to try to overturn a federal court ruling that would deny compensation to victims of the multi-billion fraud perpetrated by the Stanford Financial Group. Cochran is one of 14 senators who have signed a letter encouraging Mary Schapiro, chairwoman of the Securities and [...]

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