June 2012

DOJ Prosecutes Securities Defrauding of 5000 Investors in Indiana

United States - Indiana

The U.S. Department of Justice prosecuted a $250 million securities fraud case against the CEO, COO and CFO of a financial services company. Henry Van Dyck served as co-lead counsel in the U.S. District Court for the Southern District of Indiana. The defendants were charged with defrauding approximately 5,000 individual investors through a scheme using circular transactions and intercompany notes. Following a two-week jury trial, all three were convicted. The CEO received a 50-year sentence.

The Faegre Baker Daniels website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Baker Daniels' cookies information for more details.