Michigan Couple Sentenced In Securities Fraud Case
July 28, 2016 at 4:25 p.m.
A Michigan couple charged with 18 felony counts related to securities fraud received their sentences for the crimes Wednesday in Kosciusko Circuit Court.
Larry D. Goble, 58, and his wife, Julie Ann Goble, 49, entered a plea agreement that was accepted by Kosciusko Circuit Judge Rex Reed Wednesday.
As part of the plea agreement, each pleaded guilty to one count of felony fraudulent or deceitful acts.
Larry Goble was sentenced to six years in prison with all but one year to be served on probation, while Julie Ann Goble was sentenced to four years probation for her part in the crimes.
In April 2005, each were charged with 18 felony counts of offering or selling unregistered securities, transacting business by an unregistered agent and fraudulent or deceitful acts in connection with the offer, sale or purchase of a security.
Charges for the other counts against the Gobles were dismissed as part of the plea agreement.
The Gobles solicited investors for Edgar Bias and his company FIIK from 27 Indiana investors worth around $848,000. [[In-content Ad]]
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A Michigan couple charged with 18 felony counts related to securities fraud received their sentences for the crimes Wednesday in Kosciusko Circuit Court.
Larry D. Goble, 58, and his wife, Julie Ann Goble, 49, entered a plea agreement that was accepted by Kosciusko Circuit Judge Rex Reed Wednesday.
As part of the plea agreement, each pleaded guilty to one count of felony fraudulent or deceitful acts.
Larry Goble was sentenced to six years in prison with all but one year to be served on probation, while Julie Ann Goble was sentenced to four years probation for her part in the crimes.
In April 2005, each were charged with 18 felony counts of offering or selling unregistered securities, transacting business by an unregistered agent and fraudulent or deceitful acts in connection with the offer, sale or purchase of a security.
Charges for the other counts against the Gobles were dismissed as part of the plea agreement.
The Gobles solicited investors for Edgar Bias and his company FIIK from 27 Indiana investors worth around $848,000. [[In-content Ad]]