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Dawn Bennett Wikipedia, Investor, Financial Advisor, Facebook
Dawn Bennett Wikipedia, Investor, Financial Advisor, Facebook – Dawn Bennett, former broker and independent financial advisor who scammed 46 investors in a $20 million Ponzi scheme, is appealing his 20-year sentence.
Dawn Bennett Wikipedia, Investor, Financial Advisor, Facebook
The inmate from Washington, DC, who advertised his counseling services on a for-profit radio program called “Breaking Financial Myths,” sent a notice of reconsideration to the District. Wednesday of the United States Court of Appeals last Friday.
The notice did not state the reason for the appeal, and William E. Zapf, the attorney who filed the notice, informed the court on Tuesday that he would drop the case. When contacted for comment, he did not respond.
Bennett, 57, is currently being held at the Chesapeake Detention Facility, according to court documents and Federal Bureau of Prisons data.
Bennett was convicted in July and ordered by US District Judge Paula Xinis to pay $14.5 million in restitution to her victims. Her October 2018 conviction for fraud and conspiracy led to the conviction.
Bennett was suspended from business three years ago and fined $4.1 million by the Securities and Exchange Commission. The former adviser failed in an attempt to overturn the SEC ruling by the Fourth Circuit Court of Appeals. The former advisor began his brokerage career in 1987 with Wheat First Securities.
According to government prosecutors at her trial, Bennett, who was named one of the top 100 female financial advisors by Barron’s in 2009, spent a large portion of the proceeds from clients from December 2014 to April 2017 for luxuries including a $500,000 watch set. Dallas Cowboy Game.
In an attempt to thwart SEC and FBI investigators, she allegedly paid Indian priests $800,000 to perform rituals, as well as purchase astrological jewelry and “Hoodoo” charms. .
When the SEC accused her of exaggerating the assets she was managing for clients and potential clients, her career began to fall apart.
Dawn J. Bennett, 56, of Chevy Chase, Maryland, was found guilty of 17 federal charges, including conspiracy, securities fraud, wire fraud, bank fraud and perjury in loan applications money. US District Judge Paula Xinis today sentenced Bennett to 20 years in federal prison, followed by 5 years on supervised release.
Bennett was authorized by Judge Xinis to pay $14,504,290 in restitution and forfeited $14,306,842. On October 17, 2018, a federal jury convicted Bennett of those crimes after less than five hours of deliberation.
Robert K. Hur, United States Attorney for the District of Maryland, and Jennifer C. Boone, Special Agent in Charge of the Federal Bureau of Investigation’s Baltimore Field Office, announced the verdicts.
According to U.S. Attorney Robert K. Hur, Dawn Bennett “intentionally defrauded retirees of their lifetime savings, using much of it for her own personal gain.” She was sentenced to many years in federal prison after being held accountable for her lies and theft.
Bennett is the owner and operator of DJB Holdings, LLC, d/b/a DJBennett.com, an online retailer of high-end clothing, according to evidence presented during her nine-day trial. .
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Categories: Biography
Source: vothisaucamau.edu.vn
