Parish Give 10 Years on State Fraud Charges
The Charleston Post Courier is reporting that economist Al Parish was sentenced to 10 years in state prison this week. This means that Parish would mostly likely serve no more than 4 years on this case. The real sentence is his pending 24 year federal sentence. Parish will not be able to be released on parole from the federal sentence. Parish had claimed amnesia when he realized the broad exposure he faced in the federal indictment for fraud.
Parish received a large prison sentence on his federal fraud indictment in Charleston because of the amount of money he is alleged to have taken. Fraud charges with very little monetary exposure will yeld a small prison sentence. Parish's sentencing guidelines increased dramatically based on the large amount of money he defrauded his client's out of over the years.
A federal fraud indictment usually involves millions of dolllars lost investments. The United States Attorney will not usually seek an indictment for a fraud case with very little money being taken. Under the United States Sentencing Guidelines, a defendant would not face much prison time for fraud if very little money is taken. A defendant could face more prison time in State Court on many fraud charges.
Our Charleston Criminal Defense Attonreys are able to handle all fraud cases. A good defense lawyer in Charleston is critical to the defense of a fraud case. Our Charleston Attorneys handle federal and state fraud indictments.
