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Fraud scheme nets Indianapolis man 15 years in Texas

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An Indianapolis man has been sentenced to 15 years in federal prison for his role in an investment fraud scheme in Texas.

Louis Simpson, 60, defrauded investors by claiming to operate a program with the Department of Housing and Urban Development, in which he obtained about $948,500 in wired funds from investors, according to the U.S. Attorney in the Eastern District of Texas.

Simpson provided investors with fraudulent letters from HUD officials and false bank documents from financial institutions, the U.S. Attorney said.

He was indicted  in June 2008 and found guilty by a jury on Oct. 29, 2009, of seven counts of wire fraud and two counts of aggravated identity theft. He was sentenced by a judge on Thursday.

The judge ordered Simpson to pay restitution in an amount yet to be determined.
 

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  1. Can your dog sign a marriage license or personally state that he wishes to join you in a legal union? If not then no, you cannot marry him. When you teach him to read, write, and speak a discernible language, then maybe you'll have a reasonable argument. Thanks for playing!

  2. Look no further than Mike Rowe, the former host of dirty jobs, who was also a classically trained singer.

  3. Current law states income taxes are paid to the county of residence not county of income source. The most likely scenario would be some alteration of the income tax distribution formula so money earned in Marion co. would go to Marion Co by residents of other counties would partially be distributed to Marion co. as opposed to now where the entirety is held by the resident's county.

  4. This is more same-old, same-old from a new generation of non-progressive 'progressives and fear mongers. One only needs to look at the economic havoc being experienced in California to understand the effect of drought on economies and people's lives. The same mindset in California turned a blind eye to the growth of population and water needs in California, defeating proposal after proposal to build reservoirs, improve water storage and delivery infrastructure...and the price now being paid for putting the demands of a raucous minority ahead of the needs of many. Some people never, never learn..

  5. I wonder if I can marry him too? Considering we are both males, wouldn't that be a same sex marriage as well? If they don't honor it, I'll scream discrimination just like all these people have....

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