Friday, August 22, 2008

Oshkosh Man Pleads Not Guilty To Six Felony Charges Of Screwing Elderly Investors In Phony Distressed Property Investment Operation

In Winnebago County, Wisconsin, the Milwaukee Journal Sentinel reports:
  • A 49-year-old Oshkosh man will stand trial in Winnebago County on charges that he bilked elderly investors in connection with a real estate scheme. The man, Mark H. Brenner, on Wednesday waived his right to a preliminary hearing and entered a not guilty plea to six felonies. According to Wisconsin Attorney General J. B. Van Hollen, Brenner told investors that he ran a business buying distressed properties, fixing them up and selling them for a profit. He promised investors large returns on their money but actually bought no houses and used the money instead for living expenses, authorities said.

For more, see Oshkosh man to stand trial in real estate scheme.

For Wisconsin Attorney General press release, see Jury Trial Set For Oshkosh Man Charged In Securities Scheme.