After spinning his wheels in Federal Court last week with this utterly boneheaded defense, The Standard reports that notorious ponzi schemer Wayne Ogden struck out "big time" in federal court this afternoon. Here's the S-E lede:
A jury has found former Weber County swindler Wayne Ogden guilty on six federal charges.Read the full writeup here:
The jury came back with their verdict at 1:30 p.m. Monday.
Ogden was found guilty of one count of mail fraud and five counts of wire fraud.
A sentencing hearing is set for 3:30 p.m. June 19th where Ogden could be sentenced to serve up to 20 years per count of conviction.
Tough luck for an old dog who couldn't learn new tricks, we suppose. With a potential consecutive 120-year sentence hanging over his head, looks like Wayne's gonna have plenty of time to quietly contemplate his next career move, no? Something tells us that Judge Waddoups won't let Ogden off the hook with simply writing a 500-word essay.
