Three Guilty In Ponzi Scheme
Jason Beckman, Patrick Kiley, and Gerald Durand were found guilty yesterday by a Minneapolis jury of the second-largest Ponzi scheme in Minnesota's history.
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#1 Jun 13, 2012
IPM - Investment Properties of Minnesota
Joseph A Cole
Colleen P Walli Cole
3 Defendants Guilty on All Counts in Cook Ponzi Scheme
Jason Beckman, Gerald Durand, and Patrick Kiley were found guilty of a long list of charges pertaining to their roles in soliciting investors for Trevor Cook’s fraudulent currency trading scheme.
On Tuesday, a federal jury in Minneapolis convicted three men on charges that stem from Trevor Cook’s $194 million Ponzi scheme.
Jason “Bo” Beckman, of Plymouth; Gerald Durand, of Faribault; and conservative radio show host Patrick Kiley, of Burnsville, were initially charged last July in connection with the fraud and were then charged with a superseding indictment in February.
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