An accomplice in a scheme to defraud investors of more than $14 million was sentenced Tuesday to two years in federal prison and ordered to pay nearly $3 million in restitution.
Denise Ruth Jones of Oklahoma City was one of five people named in May 2002 in a 60-count indictment alleging securities fraud, wire fraud and money laundering.
Jones reached a plea agreement with federal prosecutors, pleading guilty to one count of conspiracy to commit securities fraud. She was a key witness in the government's case.
Four others involved in the scheme Robert Gerald Craft of Jones, Diane Lenore Griffith of Anadarko, Roy Mathew of Edmond and Dennis Dean Dazey of Tulsa were convicted in February. The four are awaiting sentencing.
According to the indictment, the five-year fraud involved Craft's Oklahoma City company, Wealth-Mart.
Investors visited Wealth-Mart and were told Craft was a Christian businessman with special knowledge of overseas markets, and that Dazey had relationships with international financial institutions, prosecutors said.
Continue reading this story on the...