Justice Triumphs

Two defendants were sentenced for their roles in defrauding more than 3,000 homeowners across the nation through a sham law firm in Oceanside, California.

More than a century after Hong Yen Chang was denied a license to practice law in California on the basis of laws that discriminated against Chinese immigrants, the Supreme Court of California has granted him posthumous admission to the bar, thanks to the efforts of UC Davis School of Law students.

An attorney who engaged in a conspiracy that allowed the owner of a chain of marijuana stores to hide some of his income has pleaded guilty to federal financial offenses.

A former collateralized mortgage obligation (CMO) bond trader was sentenced today to 30 months in prison for engaging in a fraudulent trading scheme in which he manipulated the prices of CMOs by millions of dollars over a period of four years, U.S. Attorney Paul J. Fishman announced.

The United States Attorney’s Office for the Middle District of Pennsylvania announced that today in Harrisburg United States District Court Judge John E. Jones III sentenced Wendy Weikal-Beauchat, 46, to 15 years’ imprisonment plus restitution and forfeiture totaling over $12 million for wire fraud and money laundering in connection with the misuse of her clients’ funds.