Three Guilty In Ponzi Scheme

Three Guilty In Ponzi Scheme

There are 1 comment on the WWTC-AM Eagan story from Jun 13, 2012, titled Three Guilty In Ponzi Scheme. In it, WWTC-AM Eagan reports that:

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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Minneapolis, MN

#1 Jun 13, 2012
IPM - Investment Properties of Minnesota

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Joseph A Cole

Colleen P Walli Cole

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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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