Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $33,250
41%  
Woo hoo!! And we're now over 41%!! Thank you all very much!! God bless.

Keyword: preate

Brevity: Headers | « Text »
  • Man who allegedly bilked $3.6M seeks bail (Pastor's Ponzi scheme)

    06/08/2005 6:01:02 AM PDT · by Born Conservative · 4 replies · 340+ views
    Scranton Times-Tribune ^ | 6/8/2005 | JAMES HAGGERTY
    A former Carbon County man who allegedly bilked 30 investors out of $3.6 million made an appearance Tuesday in federal court to seek bail. Richard H. Hinkle, 39, formerly of Weatherly, is facing 59 counts of wire fraud and money laundering related to an alleged "Ponzi" scheme between January 1999 and February 2004. His purported victims include residents of Lackawanna and Luzerne counties. A grand jury indictment issued Feb. 16, 2004, says Mr, Hinkle, who operated Cornerstone International Savings Bank and Investment Bank out of Grenada, induced people from Pennsylvania and Illinois to invest in overseas financial ventures. He pledged...