2nd Circ. Says Email Info Can ID Fraudster's Role In Scheme

Law360, New York (July 5, 2012, 3:16 PM EDT) -- The Second Circuit on Tuesday upheld the prison sentence of an advance-fee scheme fraudster, saying a lower court was justified in relying on a unique email address in assessing his role in the scheme and calculating the number of participants for sentencing purposes.

The appeals panel said the district court correctly assessed Okpako Mike Diamreyan’s offense level for sentencing purposes in finding that he played a managerial role and that the scheme involved five or more participants based, in part, on emails exchanged between Diamreyan and...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.