June 16, 2011
A federal judge in California issued prison terms Thursday to four defendants who admitted they fraudulently obtained $8 million from the federal Overseas Private Investment Corp. for a bakery in Estonia, overriding the defense's calls for lesser sentences.
June 08, 2011
Federal prosecutors asked a California judge on Tuesday to dole out prison terms between three and five years to four defendants who admitted they fraudulently obtained $8 million from the Overseas Private Investment Corp. for a bakery in Estonia.
May 20, 2011
Defendants that have copped to fraudulently obtaining $8 million from the Overseas Private Investment Corp. for a bakery in Estonia on Thursday proposed paying $1.3 million of the $7 million prosecutors in California seek in restitution.
May 17, 2011
A former project manager from Foodpro International Inc. pled guilty Monday in California to withholding documents related to a scheme to bilk a federal investment agency of $8 million.
May 06, 2011
Three defendants pled guilty Tuesday in California to conspiring to defraud Overseas Private Investment Corp. of $8 million in applying for a loan to Golden Sierra Partners LLC for a milling and bakery operation in Estonia.