Rise in Federal Fraud Sentencing...The Three Hebrew Boys
Fraud schemes have become ever apparent in this stage of the United States' history. Individuals are struggling due to the hardship of the economy and believe that ponzi schemes will be the easiest way out. However, the increasing criminal activity as only heightened the FBI and court system's interest in these types of cases. Now, the trend among federal courts is to sentence individuals involved in fraud schemes to higher prison terms, serving as a lesson to members of the community.
The Three Hebrew Boys (Tony Pough, Joseph Brunson, and Timothy McQueen) were sentenced today in a $82 million Ponzi case. Judge Margaret Seymour sentenced the individuals to the highest fraud sentences in the history of the federal district. Brunson and McQueen received 27 years imprisonment and Pough received 30 years imprisonment. Along with their prison terms, they were ordered to pay $82 million in restitution so that those they defrauded can be reimbursed. As shown in the case of the Three Hebrew Boys, the court system is no longer taking these types of crimes lightly.
If you are being investigated for fraud or any federal crime, the first step is to contact a knowledgeable federal defense lawyer. Being indicted for a federal crime can be a frightening experience, but an experienced lawyer can put your situation into perspective. They can inform you of your options and determine what will be the best defense in your case.
If you or a family member is being charged with fraud, contact one of our federal fraud lawyers for a free consultation.
