Beverly Hills Ex-Atty Stuck With 11-Year Fraud Sentence

Law360, Los Angeles (March 13, 2014, 8:16 PM EDT) -- The Ninth Circuit on Thursday upheld the sentence of disbarred attorney Mark Roy Anderson for his scheme to swindle investors out of more than $7 million after promising massive profits for investments in Terax Energy Inc., Westar Oil Co. and other companies he allegedly controlled.

In July 2011, Anderson pled guilty to one count of wire fraud and one count of money laundering, agreeing to admit to two of the 12 counts against him after previously pleading not guilty. In 2012, U.S. District Judge Percy Anderson...
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