Una Anderson

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Businessmen plead ‘no contest’ to defrauding elderly woman

Two men previously exposed by OffshoreAlert for promoting and operating sham offshore credit unions have pleaded "no contest" to defrauding a 101-year-old woman out of more than $6 million.Dale A. Erickson, 53, and Darryl K. Willis, 63, entered into plea agreements with state prosecutors at Montana Third Judicial District Court, Powell County on December 16, 2002.

‘Bank Exchange’ principals charged with defrauding 100-year-old widow

Two men whose involvement in sham offshore credit unions was exposed by OffshoreAlert last year have been charged with defrauding a 100-year-old widow out of more than $6 million in the United States.Dale A. Erickson, 53, and Darryl K. Willis were arrested on June 27, 2002 in Connecticut and Montana, respectively, and are currently in custody, with bail set at $2.5 million for Erickson and $100,000 cash, plus conditions, for Willis.