Public defender to take ex-prof's appeal in scam
Criminal Law
The federal public defender for South Carolina will handle the court appeal of Al Parish, the former college professor convicted of bilking hundreds of investors out of $66 million.
Parish, an economist who once taught at Charleston Southern, filed a financial affidavit last week seeking help in appealing his federal 24-year prison sentence.
An order filed Tuesday with the 4th U.S. Circuit Court of Appeals in Richmond, Va., assigns the Parish criminal appeal to the public defender.
Parish pleaded guilty last year to two criminal counts of fraud and one count of lying to investigators. Sentenced June 26 and now serving time in a federal prison in North Carolina, Parish has filed a notice of appeal with the 4th Circuit.
While he was also ordered to repay $66 million that investors lost, a judgment in a companion civil suit brought by the Securities and Exchange Commission and filed in federal court last week indicates only a portion of the money went for his personal use.
Parish personally benefited from only $7.7 million, said Alex Rue, the senior trial counsel for the Securities and Exchange Commission office in Atlanta.
The court order requires him to repay that money, along with prejudgment interest, for a total of $8.3 million.
The judgment is in addition to the $66 million Parish was ordered to repay in the criminal case, said David Dantzler, the attorney helping tally Parish's assets. He said that, when everything is counted, investors will likely only recover a dime on the dollar.
Attorney Andy Savage, who represented Parish during the district court proceedings, said the $7.7 million is important.
Related listings
-
LA hospital CEO pleads not guilty to billing fraud
Criminal Law 08/19/2008A Los Angeles hospital CEO has pleaded not guilty to recruiting homeless people as phony patients and billing government programs for unnecessary health services.City of Angels CEO Dr. Rudra (ROO'-druh) Sabaratnam (sab-ah-RAT'-nahm) entered the plea ...
-
Retrial begins in Ohio microwave baby-death case
Criminal Law 08/11/2008Jury selection began Monday for the retrial of a woman accused of killing her month-old daughter by burning her in a microwave oven.China Arnold, 28, is charged with aggravated murder in the 2005 death of her daughter, Paris Talley, and could face th...
-
NY man arrested in baby food poison video threats
Criminal Law 08/01/2008A man was arrested Thursday after he allegedly claimed in hoax Internet videos that he had poisoned millions of bottles of baby food, some with cyanide or rat poison, because he wanted to kill black and Hispanic children.Gerber Products Co. and the F...
Illinois Work Injury Lawyers – Krol, Bongiorno & Given, LTD.
Accidents in the workplace are often caused by unsafe work conditions arising from ignoring safety rules, overlooking maintenance or other negligence of those in management. While we are one of the largest firms in Illinois dedicated solely to the representation of injured workers, we pride ourselves on the personal, one-on-one approach we deliver to each client.
Work accidents can cause serious injuries and sometimes permanent damage. Some extremely serious work injuries can permanently hinder a person’s ability to get around and continue their daily duties. Factors that affect one’s quality of life such as place of work, relationships with friends and family, and social standing can all be taken away quickly by a work injury. Although, you may not be able to recover all of your losses, you may be entitled to compensation as a result of your work injury. Krol, Bongiorno & Given, LTD. provides informed advocacy in all kinds of workers’ compensation claims, including:
• Injuries to the back and neck, including severe spinal cord injuries
• Serious head injuries
• Heart problems resulting from workplace activities
• Injuries to the knees, elbows, shoulders and other joints
• Injuries caused by repetitive movements
For Illinois Workers’ Compensation claims, you will ALWAYS cheat yourself if you do not hire an experienced attorney. When you hire Krol, Bongiorno & Given, Ltd, you will have someone to guide you through the process, and when it is time to settle, we will add value to your case IN EXCESS of our fee. In the last few years, employers and insurance carriers have sought to advance the argument that when you settle a case without an attorney, your already low settlement should be further reduced by 20% so that you do not get a “windfall.” Representing yourself in Illinois is a lose-lose proposition.