Ex-Tech Exec Gets 22 Years For $31M Investment Scam

Law360, New York (April 30, 2012, 8:56 PM EDT) -- A former high-tech executive convicted of scamming $31 million from 55 investors, including actor Danny Glover, has been sentenced to 22 years in federal prison, prosecutors said Monday.

Samuel "Mouli" Cohen was also hit with a $31.4 million judgment and $27,900 in fines in the sentence handed down by U.S. District Judge Charles R. Beyer in California federal court, according to the office of U.S. Attorney Melinda Haag.

Jurors in a monthlong trial found the 54-year-old Cohen guilty of 15 counts of wire fraud, 11 counts...
To view the full article, register now.



Case Information

Case Title

Related  Case: 

Case Number



California Northern

Nature of Suit

Date Filed

July 15, 2010

Law Firms


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.