September 20, 2007
A Newport Beach attorney was indicted Wednesday on federal fraud and money laundering charges in connection to a $1 million investment scheme, federal prosecutors said. Gerald M. Shaw, 59, and Gregory De Lavalette, 51, of Rancho Santa Fe, were indicted Wednesday on 12 counts by a federal grand jury in Santa Ana. The indictment alleges Shaw and De Lavalette solicited investments to victims, promising returns as high as 40% a week, claiming the money would be used for European bank trades, prosecutors said.
April 20, 2004
Man pleads guilty to role in royal scheme A 56-year-old Corona del Mar accountant on Monday pleaded guilty to participating in a bogus investment scheme that siphoned more than $45 million from hundreds of investors, federal officials said. Richard Glenn Dunham entered his plea in a federal court in Los Angeles where he admitted his involvement in preparing a false tax return. He could face up to eight years in federal prison. Officials say Dunham, an accountant and financial planner who operated RDA Financial Corp.
April 8, 2003
BRIEFLY IN THE NEWS Former Costa Mesa resident sentenced A former Costa Mesa resident who defrauded investors in a series of oil and gas investments was sentenced to 30 months in federal prison and ordered to pay a fine of $3.9 million, officials said Monday. Patrick Wayne Maloy, 44, who now lives in Norman, Okla., pleaded guilty in January to one count of mail fraud and one count of tax evasion. He also admitted that he solicited victims to invest in companies, which he told them were involved in the exploration, development and production of oil and gas producing properties.
May 22, 2010
After he gets out of prison in two years, a Newport Beach man recently convicted for his part in an international drug-trafficking ring will serve five years' probation and be prohibited from getting any job with access to a wireless device, court records show. Nathaniel Garrard Lineham, 41, was convicted in February of being the electronics man who distributed encrypted cell phones for a drug ring that stretched from Canada to Southern California, Chicago and Seattle. In 2008, authorities indicted 18 people as part of "Operation Candystore," a two-year federal investigation into a trading operation that sent cocaine to Canada in exchange for methamphetamines and Ecstasy.
November 18, 2000
-- Deepa Bharath A Costa Mesa man was one of five fathers to be arrested Wednesday on federal charges for allegedly failing to pay court-ordered child support, officials said. Steven Quinton, 50, a father of two, is accused of owing more than $53,000 in unpaid child support since December 1993, which violated a court order issued by the Superior Court of San Luis Obispo, said Thom Mrozek, spokesman for the U.S. Attorney's Office in Los Angeles. Federal authorities targeted Quinton when local officials could not track him down because he moved out of state, said Mrozek.
April 28, 2010
A former Costa Mesa resident and convicted pedophile appeared in federal court in Florida Wednesday on charges that he took an underage girl across Florida state lines to have sex with her. George Joseph England, 65, had a hearing on his possible release on bond moved to May 5, officials said Wednesday. England is accused of taking a girl he bought in Vietnam in the 1970s into Florida’s Broward County years later with the intention of having sex with her. The statute of limitations does not apply in this case because England was a fugitive fleeing sentencing for multiple molestation convictions in California, federal prosecutors said.
February 9, 2002
-- Deepa Bharath A 44-year-old Costa Mesa man pleaded guilty Friday to a federal fraud charge for his role in a scam in which he and two others pocketed money from investors who were told they were buying into an automobile loan portfolio, officials said. James Cunningham and two others -- Paul Jerome Booth, 73, of Costa Mesa and Donald Lee Roat, 50, of Waldport, Ore. -- formed a company called CBN Financial Resources in 1997, which they first operated out of Cunningham's Orange Avenue home and later moved to Huntington Beach.
April 28, 2009
FBI agents arrested a Newport Beach financier Tuesday on federal charges he structured cash payments to keep them under the $10,000 limit that triggers a report to be filed with the federal government. Danny Pang, 42, founder and former chief executive of the Irvine-based firms Private Equity Management Group Inc., and Private Equity Management Group LLC, lives in the Dover Shores area of Newport Beach. The arrest comes one day after the Securities and Exchanged Commission obtained an emergency court order freezing the assets of Pang and his companies, alleging they bilked investors out of millions by misrepresenting investments in seniors’ life insurance polices and time share real estate.