Current Events Articles

AZ Central

Hung jury in Ponzi-scheme case

January 30, 2013

An eight-year legal case against the alleged perpetrators of a $160million Ponzi scheme targeting wealthy Mormons took a new twist this week with a hung jury. Jurors hearing the case against Duane Slade, founder of defunct Mathon Investments, and two co-defendants told judge Jack Zouhary that they couldn't reach a verdict in the trial that began in early January in federal district court in Phoenix, said Dennis Wilenchik, Slade's attorney.

Read entire article on AZ Central
« Previous Article Next Article »

More From Current Events Articles

  • Asian Stocks Drop on Concern U.S. Economic Recovery Is Waning
  • Abbas Patches Rift With Hamas in Palestinian Statehood Bid
  • Bush feels slighted by Obama in aftermath of Bin Laden killing: source
  • Best of Luxury

    Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
    View All Best of Luxury
    THINGS WE LIKE