4th Circ. Remands A&O Fraudster's 60-Year Sentence

Law360, New York (April 29, 2013, 8:26 PM EDT) -- The Fourth Circuit on Monday reversed A&O Resource Management Ltd. co-owner Adley H. Abdulwahab’s money-laundering convictions and remanded his 60-year prison sentence stemming from his role in a $100 million life settlement investment scheme, ordering a lower court to resentence him.

A three-judge panel kept intact Abdulwahab’s other convictions — including mail fraud and securities — and said it saw “no error” in his original sentence but that it nevertheless remands the suit for the lower court to consider whether he should receive a new sentence...
To view the full article, register now.