Wash. man pleads guilty to defrauding ID investors
Recent Cases
A Washington man has pleaded guilty in federal court in Idaho to cheating investors out of more than $2 million and using the cash for his own benefit.
Federal prosecutors say 59-year-old Dale Edward Lowell, of Colbert, Wash., pleaded guilty to one count of wire fraud Tuesday.
Investigators say Lowell, while living in northern Idaho in 2005, started raised money from investors by telling him he was a savvy options trader. He also told investors he had taken steps to cover losses.
Altogether, prosecutors say Lowell duped 22 investor groups and raised about $2.2 million that he ultimately lost in the market, used for personal expenses or to pay off investors to keep the scheme going.
Related listings
-
No class-action for suits over Calif. fish kill
Recent Cases 08/09/2011An appeals court has rejected class-action status for a lawsuit prompted by efforts to kill off an invasive fish in Northern California. The Sacramento Bee says the 3rd District Court of Appeal ruled last week that people suing the state had too litt...
-
Bank of America starts overdraft rebate outreach
Recent Cases 08/08/2011If you had a Bank of America account with a debit card between January 2001 and May of this year, you may be due some cash. The nation's largest bank has started contacting customers who may be entitled to a refund. It recently reached a class-action...
-
NYC lawyer pleads guilty to tax charge
Recent Cases 08/05/2011A lawyer has pleaded guilty to not paying taxes on nearly $11 million in income while working at a major Wall Street law firm. John O'Brien entered the plea Thursday in federal court in Manhattan. The government had accused the 48-year-old O'Brien of...
Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.