Criminal
May 2, 2012
Man sentenced to 22 years in investment fraud scheme
A Marin County man was sentenced Monday to 22 years in prison for scamming more than 50 people out of roughly $31 million.
By Saul Sugarman
Daily Journal Staff Writer
A Marin County man was sentenced Monday to 22 years in prison for scamming more than 50 people out of roughly $31 million in investments in a company he falsely claimed would be acquired by technology giant Microsoft Corp.
Samuel "Mouli" Cohen, 54, was convicted of several counts of wire fraud, money laundering, and tax evasion in November, in connection with his company, Ecast Inc., which he had told investors would be acq...
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