Live Show: 831-479-1080      Office: 831-475-1080
Dr. Wallach & Dead Doctors Don't Lie Live Show: 888-379-2552

SECURITY FRAUD CONVICTION 09-06-2013 07:30 av

A BUSINESS PARTNER OF A FORMER MONTEREY COUNTY TALK SHOW HOST WAS FOUND GUILTY OF FRAUD THIS WEEK.  SEASIDE RESIDENT 62-YEAR OLD MICHAEL SWANSON WAS CONVICTED OF FEDERAL MAIL AND SECURITIES FRAUD ALONG WITH CONSPIRACY.   SWANSON WAS A PARTNER WITH “MONEY DOTS” RADIO PRODUCER BARBRA ALEXANDER IN THE MONTEREY-BASED FIRM APS FUNDING.   SWANSON AND ANOTHER PARTNER, BETH PINA WERE INDICTED ALONG WITH ALEXANDER IN OCTOBER 2010.   PINA PLEADED GUILTY TO SIMILAR CHARGES LAST DECEMBER, WHILE ALEXANDER PLEADED INNOCENT.  A TRIAL IS SLATED FOR ALEXANDER ON NOVEMBER 4TH. SWANSON FACES UP TO 20-YEARS IN FEDERAL PRISON AND MORE THAN 5-MILLION DOLLARS IN FINES AND RESTITUTION.  HE IS SLATED TO BE SENTENCED DECEMBER 18TH.

Leave your comments

Post comment as a guest

0 / 3000 Character restriction
Your text should be in between 10-3000 characters
  • No comments found