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marble falls

(57,063 posts)
Wed Jul 31, 2019, 08:50 AM Jul 2019

"and she's buying a stairway to heaven ..."

Judge to sentence woman who spent investor money on prayers

ByThe Associated Press

GREENBELT, Md. — Jul 31, 2019, 1:27 AM ET


https://abcnews.go.com/US/wireStory/judge-sentence-woman-spent-investor-money-prayers-64673723

A Maryland investment adviser awaits sentencing for defrauding investors out of millions of dollars, some of which she spent on astrological gems, cosmetic medical procedures and religious rituals in India.

The federal judge set to sentence Dawn Bennett on Wednesday presided over a two-week trial last year that resulted in Bennett's conviction on charges of securities fraud, wire fraud and bank fraud.

Jurors heard testimony that Bennett used investors' money to pay more than $800,000 for prayers by Hindu priests in India to ward off federal investigators while her business collapsed.

An FBI agent said investigators found evidence in Bennett's home that she tried to silence U.S. Securities and Exchange Commission investigators by casting "hoodoo" spells.

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"and she's buying a stairway to heaven ..." (Original Post) marble falls Jul 2019 OP
I just read that she was sentenced a few hours ago to 20 years in prison... Stuart G Jul 2019 #1

Stuart G

(38,414 posts)
1. I just read that she was sentenced a few hours ago to 20 years in prison...
Wed Jul 31, 2019, 04:22 PM
Jul 2019

Yep 20 years..Here is a link, read about it if you want.

https://advisorhub.com/forme-advisor-dawn-bennett-sentenced-to-20-years/

Here is a little information from the above link:

"Former investment adviser Dawn Bennett was sentenced to 20 years in prison on Wednesday for defrauding 46 investors as part of a $20 million Ponzi scheme, according to the U.S. Attorney’s office for the District of Maryland"

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