6th Defendant Sentenced For A&O Fraud Gets 60 Years

Law360, New York (September 28, 2011, 5:01 PM EDT) -- A Virginia federal judge on Wednesday sentenced A&O Resource Management Ltd. co-owner Adley H. Abdulwahab to 60 years in prison for his role in a $100 million life settlement investment scheme at the company.

The sentencing followed a jury's June 10 conviction of Abdulwahab on one count of mail fraud conspiracy, five counts of mail fraud, one count of money laundering conspiracy, five counts of money laundering and three counts of securities fraud.

He is the sixth defendant to be sentenced in connection with the fraud...
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