SPRINGFIELD, Mo. (AP) - A former southwest Missouri man is serving nine years in prison without parole for an investment scheme that defrauded senior citizens out of nearly $1.2 million.
Federal prosecutors announced Monday that 68-year-old Steven Gwin, formerly of Ozark, was sentenced Friday and ordered to pay $1.17 million in restitution.
Gwin pleaded guilty Aug. 20 to mail fraud and money laundering. Between August 2005 and March 2007, Gwin solicited investments for retirement ventures and conducted seminars for senior citizens to promote the investment programs.
But prosecutors say once individuals invested with Gwin, he used their funds for personal expenses.
It came down with a... whisper.
Unlike demolition, deflation is a little quieter, as witnessed by those who watched the Explorer Dome's 16 year run hosting special exhibits, weddings and parties at the St. Louis Science Center came to an end Monday morning. It will take about six weeks to clear up the area and plans for the next exhibit remain under discussion.
Science Center president Bert Vescolani says the new exhibit will feature the area's strengths,"Celebrate what the region does really well and some of the things that are special about this region. We are fortunate to have such a huge science, technology, engineering, math community, so we've got a lot of content and a lot of resources to work with."
It took less than ten minutes to deflate the Explorer Dome, which opened in 1997 as a temporary exhibit space.
A man was found dead inside a Best Buy "Geek Squad" car today.
Police found the car along the side of eastbound Interstate 64 in Chesterfield around 9:30 this morning. KMOV reports there were no clues as to his cause of death. The victim has not been identified.
SPRINGFIELD, Mo. (AP) - A southwest Missouri man will serve one year and one day in prison with no chance of parole for evading federal reporting rules to conceal a scheme to sell stolen cooking oil.
The U.S. Attorney's office says in a news release Monday that 46-year-old Jesse Arnold of Sarcoxie was sentenced Friday. He also must also forfeit $207,817.
Arnold operated 4 States Grease Company, which collected spent cooking oil for recycling. He admitted last December that he knew he was buying old cooking oil that had been stolen by various drivers from businesses in Missouri, Kansas, Oklahoma, and Arkansas.
Prosecutors said Arnold avoided federal reporting requirements by making withdrawals from his business checking count for less than $10,000. Banks must file a currency transaction report for any financial transaction over $10,000.