6th Circ. Nixes $12M Ponzi Sentences Due To Trial Delay

Law360, Los Angeles (April 12, 2013, 5:59 PM EDT) -- The Sixth Circuit on Friday overturned a lower court's prison sentences of two men convicted in a $12 million Ponzi scheme, ruling that the government violated speedy trial laws by deliberately delaying one man's extradition from Switzerland in a misguided effort to build its case.

Instead of immediately pursing extradition of Michael Wayne Heshelman — who was living in Switzerland when the government filed a 53-count indictment against him in February 2006 — prosecutors waited for him to voluntarily return to the U.S. three years later....
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