Tuesday, January 19, 2016

Investment Advisor sentenced to 55 months imprisonment



Steven Wessel aka Wes Wessel



According to the US Attorney's Office,NY, an individual named Steven Wessel aka Wes Wessel was sentenced to 55 months for defrauding investors in a ponzi scheme.

The government contends that he made up a phony email allegedly from a bank that there was a legitimate real estate project.

In reality, the only real thing was that Wessel took the money for personal gain.

To read complete story from the feds, go here...http://www.justice.gov/usao-sdny/pr/investment-adviser-sentenced-manhattan-federal-court

A story appeared about him in the Wall Street Journal when he plead guilty back in April 2015.
See linkhttp://www.wsj.com/articles/new-york-man-pleads-guilty-in-ponzi-like-fraud-scheme-1429823578    

Again, what was he thinking that he will never get caught? It says in Jeremiah 17:11, when you make money dishonestly , you will lose it and in the end be proved a fool.

Now that he is sentenced and will be going to prison, what can he expect?  Will his life be in danger? Will he survive the loneliness of prison?

I went through a similar path at least at the end of my journey as a white collar offender when I ended up in a camp as I believe he will be going to a camp based on the type of crime and the number of years he received. Read my story here ....http://www.amazon.com/PRISON-expect-Federal-Bureau-Prisons-ebook/dp/B011GTWLOG

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