OF VICTIMS IN INVESTMENT SCHEME!
Ronald Keith Owens Agrees to Pay Nearly $2.5 Million Restitution

DALLAS — Ronald Keith Owens, 72, of Mineral Wells, Texas, pled guilty in federal court last week before U.S. Magistrate Judge Paul D. Stickney to an Information charging offenses related to an investment scheme he ran, announced U.S. Attorney Richard B. Roper of the Northern District of Texas.

Specifically, Owens pled guilty to one count of wire fraud and one count of filing a false tax return. He faces a maximum statutory sentence of 23 years in prison and a $500,000 fine. As part of the plea agreement with the government, Owens agreed to pay a total of $2,471,267.31 in restitution to hundreds of victims that are identified in the Victim List, Exhibit A, of the plea agreement. Owens is scheduled to be sentenced on November 5, 2008, by U.S. District Judge Barbara M.G. Lynn.

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Madison, Wisconsin—Erik C. Peterson, United States Attorney for the Western District of Wisconsin, announced that Daniel Tepoel, 57, of Barnes, Wis., was sentenced today by Chief U.S. District Judge Barbara B. Crabb to 11 ½ years in federal prison for his role in a wire and mail fraud conspiracy and his lies to investigators. Tepoel was convicted of the offenses after a four-day jury trial in U.S. District Court in Madison on March 27, 2008. The jury found Tepoel guilty of all eight counts in the indictment. Tepoel was also ordered to pay restitution in the amount of $775,000.

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BOSTON, MA - A Sudbury man pled guilty today in federal court to wire fraud and securities fraud charges.

United States Attorney Michael J. Sullivan and Warren T. Bamford, Special Agent in Charge of the Federal Bureau of Investivation, Boston Division, announced today that STEPHEN L. HOCHBERG, age 60, of Camperdown Lane in Sudbury, MA, pled guilty before U.S. District Judge Nathaniel M. Gorton to a seventeen count information charging wire fraud and securities fraud.

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CAMDEN – The president and CEO of All Freight Logistics, Inc., pleaded guilty today to mail fraud and money laundering charges in connection with his Ponzi scheme to defraud investors of millions of dollars through the offering of exorbitant rates of return, U.S. Attorney Christopher J. Christie announced.

Glyn Richards, 44, of Haddon Heights, made his first appearance in federal court and pleaded guilty before U.S. District Judge Renée Marie Bumb to a two-count Information, charging mail fraud and money laundering. As part of his plea, Richards has agreed to pay restitution, the amount of which will be determined by the court at sentencing. Judge Bumb released the defendant on a $350,000 secured bond pending sentencing, which is scheduled for Oct. 14. Richards was first arrested on July 25, 2007, by investigators with the Camden County Prosecutor’s Office on state charges. The case was adopted for further investigation and prosecution by the U.S. Attorney’s Office.

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SANTA ANA , Calif. – Dr. Henry Samueli, the co-founder and former chief technical officer of Broadcom, Inc., pleaded guilty today to making a false statement in testimony before the Securities and Exchange Commission relating to that agency’s investigation into options backdating at the Irvine-based technology company.

Samueli, 53, of Carona Del Mar, appeared this afternoon before United States District Judge Cormac J. Carney and pleaded guilty to a felony count pursuant to a plea agreement with the government.


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