Malaysia Airlines says it has lost contact with a plane carrying 227 passengers and 12 crew on route from Kuala Lumpur to Beijing.Full Story >
A Malaysia Airlines Boeing 777-200 carrying 239 people lost contact over the South China Sea early Saturday morning on a flight from Kuala Lumpur to Beijing, and international aviation authorities still hadn't located...Full Story >
Friday, March 7 2014 11:27 PM EST2014-03-08 04:27:44 GMT
Sunshine today will push the high temperature into the middle 50s. With cloud cover Saturday, we'll make it to about 50 degrees with potential for a few rain showers late in the evening. Full Story >
Expect a few rain showers late Saturday evening mixing with some light wet snow Saturday night into Sunday morning, then clearing and highs in the mid 40's Sunday.Full Story >
GREENVILLE, SC (FOX Carolina) -
Former Anderson County Councilman Ronnie Wilson was sentenced to 19 years in prison Tuesday for his role in a Ponzi scheme that bilked investors out of $60 million.
Wilson, 65, pleaded guilty to two counts of mail fraud in July as part of a plea agreement as president of Atlantic Bullion and Coin, based in Easley.
Authorities said Wilson duped more than 900 investors across 25 states into thinking they were buying silver and making big profits. They said Wilson never bought any precious metals and was paying investors' lofty dividends with other investors' money.
He was released from jail on $1 million bond after his arrest, but he appeared in federal court in Greenville on Tuesday for sentencing.
At the hearing, Wilson said that his sins started small, but the theft eventually became so bad that he even stole money from his daughter and brother.
In addition to the 235-month prison sentence, the judge ordered Wilson to pay $57,401,009 in restitution and serve three years probation upon his release.
A crowd in the courtroom clapped when the sentence was read.
Wilson was not the only arrest in connection with the Ponzi scheme.
In early October, FBI agents arrested Wallace Lindsey Howell, 60, in connection with the same scheme. He was charged with conspiracy to commit mail fraud. According to an indictment, Howell worked with Wilson to defraud investors of nearly $3.5 million.
To date, an attorney has taken possession of the assets of Atlantic Bullion and Coin. He will liquidate the assets and distribute the proceeds to the victims of the scheme. A website has been set up by Ashmore to assist in working with the victims and distributing Wilson's assets.
Ashmore spoke at the sentencing, saying they don't know where all the money went.
"We do not have an accounting of all the money that went through Ron Wilson's hands," Ashmore said. "We've gone through all the books and records but if a transaction is not on the books and records the ability for us to find those assets is quite a challenge."
Part of Wilson's plea allows for his sentence to be cut short if he helps in the prosecution of others and helps in the recovery of the missing money.
Copyright 2012 FOX Carolina (Meredith Corporation). All rights reserved.
Thursday, February 3 2011 5:19 PM EST2011-02-03 22:19:13 GMT
New details have been released on a large drug sweep in Pierce Township, Clermont County. On Wednesday, a total of 17 people were indicted by a grand jury on 46 charges related to trafficking in drugs.Full Story >
Tuesday, April 20 2010 11:21 PM EDT2010-04-21 03:21:00 GMT
31 people are in trouble with the law after a three day prostitution sting in Richmond. Police told NBC12 they targeted specific areas where residents and business owners complained about the illegal activity.Full Story >
Thursday, March 6 2014 11:08 PM EST2014-03-07 04:08:39 GMT
An outbreak of the norovirus illness is spreading throughout a local assisted living center. We've been reporting on this for the past couple of weeks. There's currently 118 residents on the assistedFull Story >
An outbreak of the norovirus illness is spreading throughout a local assisted living center. The Hamilton County Public Health Department says Atria Northgate Park has seen roughly 63 cases of norovirus.Full Story >
Thursday, March 6 2014 6:34 PM EST2014-03-06 23:34:31 GMT
Donnell Goodbread (compliments of HCSO)
A man is charged with aggravated arson after police say he intentionally poured gasoline on a man and set him on fire. Donnell Goodbread, 34, appeared before a judge on Thursday afternoon. WitnessesFull Story >
A man is charged with aggravated arson after police say he intentionally poured gasoline on a man and set him on fire.Full Story >
Thursday, March 6 2014 4:56 PM EST2014-03-06 21:56:48 GMT
Hamilton Police say they seized a significant amount of drugs, money, guns and a bulletproof vest after serving four search warrants throughout the week. Officers arrested five individuals on TuesdayFull Story >
Hamilton Police say they seized a a significant amount of drugs, money, guns and a bulletproof vest after serving four search warrants throughout the week.Full Story >
Thursday, March 6 2014 11:04 AM EST2014-03-06 16:04:16 GMT
Batkid, the cancer patient who thrilled San Francisco with his efforts to save the city, was scheduled to appear at the Oscars but was scratched at the last minute, his mother said. Natalie Scott toldFull Story >
The 5-year-old Batkid who saved San Francisco was scheduled to appear on the Oscars, but his segment was cut before the show. Full Story >
Friday, March 7 2014 4:11 AM EST2014-03-07 09:11:28 GMT
The topic of arming school employees is back in the spotlight in Boone County. On Thursday, the school board met as part of a planned safety workshop to review their current safety and emergency plans.Full Story >
The topic of arming school employees is back in the spotlight in Boone County. For one local man, having an armed school employee has a different meaning.Full Story >