Federal jury finds ‘3 Hebrew Boys’ guilty of all charges in $80 million SC fraud scheme
By Meg Kinnard, APFriday, November 20, 2009
SC jury finds ‘3 Hebrew Boys’ guilty in scam
COLUMBIA, S.C. — Three South Carolina men have been found guilty of bilking thousands of investors out of more than $80 million.
A federal jury of four men and eight women deliberated for less than four hours Friday before finding Timothy McQueen, Joseph Brunson and Tony Pough guilty of nearly 60 charges each. The charges included conspiracy, mail fraud, and money laundering.
The men called themselves the “3 Hebrew Boys” after the biblical tale of men who survived an inferno because of their faith.
The three showed no reaction as the 15-minute verdict was read.
Later Friday, prosecutors and defense attorneys will make arguments to the jury on how much money the men should forfeit.
They face decades in prison and could be ordered to pay millions in fines.