Wednesday, August 13, 2008

Couple sentenced in mail fraud case

A couple who took $1.57 million from investors was charged Tuesday in Clifton Park, New York. The husband, Steven O’Brien, received 41 months in prison and the wife, Jeanne, received five years of probation and 24 months of house confinement as sentences. A report in Albany’s Times Union reports the story here. They were charged with one count each of mail fraud. Prosecutors believe they will never be able to reimburse the 20 victims fully, but they must pay $200 a month of 10% of their income due to the fact that they have no assets for authorities to seize.

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