http://www.sun-sentinel.com/news/local/miami/sfl-111ponzischeme.story
Above is the link. The link reads a little different from the article that actually came out in print today in the South Florida Sun Sentinel "Local" Section, so I am giving you the printed version below :
"Jehovah's Witness faces jail in fraud case"
A former resident of Pembroke Pines, Opa-loca and San Antonio, Texas, could receive up to 140 years in prison when a federal district judge sentences him on Jan. 9 for defrauding more than 50 people, many elderly and financiallly unsophisticated, during a multimillion-dollar securities fraud scheme.
Many victims were fellow members of Jehovah's Witnesses congregation where he served as an elder.
U.S. District Judge Donald L. Graham in Miami set the sentencing date after a jury on Thursday found Raymond L. Knowles guilty of all charges against him: 16 counts of mail fraud, four of wire fraud and four of securities fraud.
Knowles in April was located in San Antonio, arrested and returned to Miami for trial.
According to a statement by South Florida U.S. Attorney Marcos Daniel Jimenez, Knowles used his position as an elder to sell millions of dollars worth of risky promissory notes to worshipers, falsely representing that the investments would return between 8.5 percent to more than 20 percent."
So much for their squeaky clean reputation.....
What a BOZO organization.....
Trot (of the glad to be outta there class)
P.S. Edited to repair link.
Edited by - Trotafox on 2 November 2002 11:47:13