Monday, February 11, 2013

Breaking: Wayne Ogden Guilty on 6 Fraud Charges

Looks like Wayne's gonna have plenty of time to quietly contemplate his next career move, no?

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.
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.
Read the full writeup here:
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.


Ernie the Attorney said...

Wait til his federal prison cellmates find  out Wayne's an admitted "snitch".

BOPGraduate said...

Wayne will receive a very warm welcome in Federal Prison.  DEA informants are the reason a large percentage of federal prison inmates are there.  He will spend most of his time, if not all of it in protective custody. (23 hour a day lockdown, protection from the rest of the prison population).  What a complete idiot!! 

Bob Becker said...

I don't know, Rudi.... isn't Waddouos kind of a "turn 'em loose Bruce" judge, particularly when it comes to white collar crime?

Smaatguy said...

He's out right now though until sentencing...probabley enough time to congure up a quick ponzi before he goes back in...  :)

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