For the past week, prosecutors have been forming a strong case against Fair Finance businessmen Tim Durham, Rick D. Snow, and James F. Cochran. The three have been accused of stealing roughly $200 million from investors, and so far they have been charged with securities fraud, wire fraud and the conspiracy to commit both. If the three are found guilty, they could potentially be fined thousands of dollars and spend decades in prison. So far,...

Lochmiller of Valley Investments is facing  one count of conspiracy to commit mail fraud and securities fraud, one count of conspiracy to commit money laundering, 20 counts of money laundering and 10 counts of mail fraud.   Philip Rand Lochmiller, has supposedly swindled over 400 investors of more than $30 million from his business in Grand Junction.  His trial will take place at the U.S. District Court in Denver and a feed of the...

On Monday June 27th, Former Chicago Governor Blagojevich was convicted for 17 of the 20 counts of public corruption charges against him related to his attempt to sell the U.S. Senate seat that was formally held by Barack Obama be his resignation to become U.S. president.   Blagojevich was convicted, by a jury, on all 10 counts of wire fraud. The other 10 counts involved extortion and bribery.  Most of the counts have a maximum...

Effective next month, top Denver criminal defense lawyer, Robert T. McAllister has agreed to be disbarred. The decision comes after the acknowledgement that he twice intentionally converted client funds. McAllister has since repaid his clients. McAllister’s Denver Lawyer fame stems from two of his biggest cases in the 1990’s: his representation of David Mandarich, president of Richmond Homes and Dewi Sukarno, former first lady of...

Raj Rajaratnam, a hedge fund billionaire, was convicted on 14 counts of fraud and conspiracy.  It was a historic victory for the Justice Department when the verdict came in. They used tactics that were once only reserved for mobsters, drug dealers to help expose insider trafficking between financial professionals and their corporate insiders. Rajaratnam, 53, was accused of using fraud to reap profits or avoid losses of more than $60...

Everybody makes mistakes, but it’s who you have standing next to you, in court, fighting for your rights, that really makes the difference. I’ve been a federal prosecutor, I’ve been a state prosecutor. The type of experience that few other attorneys have had. I can look at your case, through the eyes of a prosecutor, through the eyes of a police officer. I can tell you what they’re thinking. I can tell you about...