The LA Business Journal reports that on Tuesday the 16th, Joel & Ed were charged with conspiracy, two counts of mail fraud and one count of wire fraud. They’re looking at up to 20 years for each count and given that both of them are in their mid-seventies, any amount of jail time could mean a life sentence.
And just in time for the holidays!
In other related news, the court approved the recommendations in the receiver’s report. The next report should be due around February.
I’m very happy that Joel & Ed will spend the rest of their life locked up. I just wish it was hard labor on a chain gang! I’ve worked hard for the money they stole and now I’ll have work longer because I was banking on that income for retirement.
I’m happy too! My husband and I invested our life savings with those two vulture. My husband passed away thinking I would have a secure future. Now all I have left is Social Security. At least I will not be living locked cell. They didn’t. Rob me of my freedom.