Tuesday, August 31, 2010

Trevor Cook Sentenced to 25 Years in Prison for Swindling 923 Investors out of $158 Million

Trevor Cook, age 38, of Apple Valley, Minnesota, was sentenced in federal court in Minneapolis for orchestrating a Ponzi scheme that collectively cost more than 900 investors $158 million. United States District Court Judge James M. Rosenbaum sentenced Trevor Gilson Cook to 300 months in prison on one count of mail fraud and one count of tax evasion in connection to the crime. In imposing the sentence, Judge Rosenbaum described Cook’s offense as “retched, tawdry, and cheap.”
Cook was charged on March 30, 2010, and pleaded guilty on April 13, 2010.

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