Quantcast

Thursday, July 24, 2014         

 Print   Email   Comment | View 1 Comments   Most Popular   Save   Post   Retweet

Former fugitive pleads guilty to investment fraud

By Associated Press

POSTED:


A man who recently surrendered in Hawaii to face charges in an investment fraud scheme has pleaded guilty to operating a Ponzi scheme in Kauai.

FBI spokesman Tom Simon says 63-year-old Peter Heckmann changed his wire fraud plea today in U.S. District Court.

Simon says Heckmann’s sentencing has been set for July 25.

A Honolulu grand jury indicted Heckmann on wire fraud charges five years ago. Prosecutors say he fled and they became aware in 2010 that he was on the island of Bali, where he was operating a recording studio and a record label.

The FBI launched a social media campaign to generate interest in an international manhunt for Heckmann.

He surrendered last month at Honolulu International Airport after voluntarily returning to Hawaii to face charges.







 Print   Email   Comment | View 1 Comments   Most Popular   Save   Post   Retweet

COMMENTS
(1)
You must be subscribed to participate in discussions
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may receive a warning, and if you persist with such comments you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.
Leave a comment

Please login to leave a comment.
cojef wrote:
He just ran out funds to maintain a life-style he chose. Now, by turning himself in and sentenced, he will get 3 squares and health care for free, and e all, as taxpayers will be paying for his upkeep.
on April 11,2013 | 03:51PM
IN OTHER NEWS
Breaking News