Canada Help In US Fraud Case Holds Up: 9th Circ.

Law360, New York (January 25, 2011, 5:15 PM EST) -- The Ninth Circuit ruled Tuesday that a 2006 application from the U.S. to Canada for help investigating a $9.4 million pump-and-dump stock scheme contained sufficient evidence and was timely filed, rejecting a challenge brought by two Arizona fraudsters.

The decision in the U.S. Court of Appeals for the Ninth Circuit affirmed a 15-year prison sentence for UniDyn Corp. founder Ira Gentry and a 7 1/2-year sentence for his accomplice, Randy Jenkins, a disbarred attorney who helped Jenkins run a scheme to artificially inflate the value of...
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