David Marion, whose once highflying coin company bilked investors, many of them elderly, out of nearly $3.4 million, will spend the next five years in prison.
U.S. District Judge Patrick Schiltz imposed the sentence on Marion Thursday as a courtroom full of friends and tearful family members watched and Marion expressed contrition about a life gone wrong.
But Assistant U.S. Attorney Karen Schommer suggested Marion, 53, the former sole owner of International Rarities Corp., got off easy for his guilty pleas to charges of money laundering and conspiracy to commit mail and wire fraud.
Mpls. coin dealer gets 5 years for fraud scheme | Star Tribune
U.S. District Judge Patrick Schiltz imposed the sentence on Marion Thursday as a courtroom full of friends and tearful family members watched and Marion expressed contrition about a life gone wrong.
But Assistant U.S. Attorney Karen Schommer suggested Marion, 53, the former sole owner of International Rarities Corp., got off easy for his guilty pleas to charges of money laundering and conspiracy to commit mail and wire fraud.
Mpls. coin dealer gets 5 years for fraud scheme | Star Tribune
