Container Top
Homes   Jobs   Cars   Shopping
Search

Events Calendar

EVENT SEARCH:

In This Section


Most Read Stories


Blogs:


Pets:
Cat-loving chihuahua suckles seven abandoned kittens

The Heldenfiles:
Friday Night Notebook

Patrick McManamon:
For your Saturday entertainment …

Akron Zips:
Two blowouts, one night

Tribe Matters:
Seven players added to Tribe’s 40-man roster

Cleveland Browns:
Hey, somebody's gotta stick up for the Browns

Kent State Sports:
Singletary update

Cleveland Cavaliers:
Gameblog: Cavs at Indiana Pacers – Here’s to LBJ and Free Throws

Buckeye Blogging:
OSU – Michigan college football rivals meet in Baghdad

Varsity Letters:
Bowling season starts today

All Da King's Men:
Headed For Disaster

Blog of Mass Destruction:
Will Health Care Reform Pass?

Akron Law Café:
Federal Judge Declares DOMA Unconstitutional

See Jane Style:
Vintage Chic

Car Chase:
TIME TO GET YOUR COLLECTOR CARS WINTERIZED

Let's Talk Real Estate:
Silverdome Potentially SOLD!

Ohio Travels with Betty:
George is looking for a Thanksgiving buffet in Akron.

Sound Check:
Steely Dan Plays "The Royal Scam" at E.J. Thomas Hall

HRLite House:
Colloquium at University of Akron

Akron Gamer:
Nintendo's Mario endures even as games come and go

Man pleads guilty in fraud scheme

Daniel Mohler, 56, an Evergreen manager, to be sentenced later


Beacon Journal staff report

A Wadsworth man charged in connection with a sweeping, multi-million dollar-mortgage and investment fraud scheme has pleaded guilty in Summit County Common Pleas Court to corruption and securities offenses.

Daniel Mohler, 56, is the first Evergreen Cos. worker to plead guilty as part of the investigation, Summit County Prosecutor Sherri Bevan Walsh said.

Authorities charged Mohler and 16 others late last year, alleging they operated a web of predatory borrowing and securities scams that bilked investors, homeowners and lenders out of at least $16 million.

The principal figure of the indictment is David Willan, who headed Evergreen. Mohler was Willan's investment sales manager and sold fraudulent investment securities, authorities said.

Mohler pleaded guilty to felony charges of engaging in a pattern of corrupt activity, serving as an unlicensed securities dealer and securities fraud. Each charge carries a sentence of three to 10 years.

He will be sentenced later, and the penalty will depend on his cooperation and testimony against Willan and other co-defendants, Walsh said.

Three employees of Carnation Banc — Craig Conner, Angela Soukup and Amanda Lower — previously pleaded guilty and agreed to testify.

Authorities have alleged that Willan transferred money out of his businesses to pay for his home, cars, a boat, his girlfriend's breast augmentation, jewelry and clothes for other girlfriends, his wife's country club dues, and an Akron strip club.


Get the full article here.


Story tools

Email  Email   Print  Print   Save  Save   Reprint  Reprint   Popular  Most Popular   Reprint  Subscribe

Share this story

AddThis Social Bookmark Button
















Most Commented Stories