Former SCV Leader Facing Prison for Massive Ponzi Scheme

A South Carolina extremist who helped engineer an attempt to turn the Sons of Confederate Veterans (SCV) into an actively neo-Confederate organization is now facing prison for his role in a Ponzi scheme that defrauded hundreds of people. Ron G. Wilson remains free on bond after pleading guilty on July 30 to two counts of mail fraud. Wilson signed a plea agreement admitting that over an 11-year period he and his company, Atlantic Bullion & Coin, cheated at least 800 investors who collectively lost $59 million. Wilson acknowledged that he told investors, falsely, that he was buying silver with their money and that it was stored in a Delaware depository. In the plea agreement, he wrote that he used “fictitious account statements” and “used money for my personal benefit.” Wilson could receive 20 years in prison, $250,000 in fines, and three years of supervised release.

via splcenter: Former SCV Leader Facing Prison for Massive Ponzi Scheme

About dokumentationsarchiv

faschismus ist keine meinung - faschismus ist ein verbrechen fascism is not an opinion - fascism is a crime

Posted on 10.09.2012, in Dienste, Gewalt, Kameradschaft, Rechtsextremismus. Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


Get every new post delivered to your Inbox.

Join 925 other followers