Midwest City estate planner sentenced to 10 years in prison for role in Ponzi scheme

Defendant, who fled to Philippines after 2011 federal indictment, was arrested in Manila last year.
by Brianna Bailey Published: March 28, 2013
Advertisement
;

“It's just a drop in the bucket — I didn't figure I would get any of it back,” Wheeler said.

Johnson fled to the Philippines after a federal grand jury indicted him and McKye on money laundering and securities fraud charges in February 2011. Authorities in the Philippines arrested Johnson in Manila in March 2012.

Attempts to contact Johnson's attorney Matthew Kane were unsuccessful on Tuesday.

In court documents submitted in the case, Kane had argued that Johnson should receive a reduced sentenced because he faced inhumane treatment while imprisoned in the Philippines for six weeks while awaiting extradition.

Kane also argued that Johnson should not face a lengthy prison sentence because he is a military veteran and has a drinking problem.

Johnson also pleaded guilty to the charges and assisted the federal government with its case, the court documents said.

In April 2012, McKye was sentenced to 21 years in prison and ordered to pay $4.5 million in restitutions to his victims.

McKye has appealed his conviction to the 10th U.S. Circuit Court of Appeals.

| |

NewsOK.com has disabled the comments for this article.
by Brianna Bailey
Business Writer
Brianna Bailey has lived in Idaho, Germany and Southern California, but Oklahoma is her adopted home. She has a bachelor's degree in Journalism from the Univerisity of Oklahoma and has worked at several newspapers in Oklahoma and Southern...
+ show more

Advertisement


Trending Now



AROUND THE WEB

  1. 1
    Oklahoma State football: Justin Gilbert visiting four NFL teams
  2. 2
    Derek Fisher to NYC? Knicks dismiss entire coaching staff
  3. 3
    Brittney Griner: Baylor isn’t a welcoming place for gay athletes
  4. 4
    'Why Am I Dead?' Here's The Answer He Never Heard
  5. 5
    For the children's sake, put down that smartphone
+ show more