We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Jury Convicts Former Exec In $100M Fraud Suit

Law360 (March 24, 2011, 5:36 PM EDT) -- A Texas man who co-founded A&O Resource Management Inc. was convicted Wednesday in Virginia on seven fraud and money laundering charges for his role in an insurance investment scheme that bilked 800 people out of $100 million.

Christian M. Allmendinger, 39, of Houston, faces decades in prison following the jury’s verdict in the U.S. District Court for the Eastern District of Virginia. His charges carry maximum sentences of 20 years in prison each, except for a securities fraud charge, which carries a limit of five years,...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.