Financial Fraud: Alan W. Rodrigues And Mark L. Bausch Sentenced For Telemarketing Fraud Scheme

<h2>Two Las Vegas Residents Sentenced For Multimillion Dollar Telemarketing Scheme Targeting Small Business Owners<&sol;h2>&NewLine;<p>LAS VEGAS&comma; Nev&period; – Two Las Vegas residents were sentenced today to a total of 18 years in federal prison for their involvement in a &dollar;14 million dollar <strong>telemarketing fraud scheme<&sol;strong> targeting small business owners&comma; announced U&period;S&period; Attorney Dayle Elieson for the District of Nevada&comma; Special Agent in Charge Aaron C&period; Rouse for the FBI’s Las Vegas Division&comma; and Special Agent in Charge Tara Sullivan for the IRS Criminal Investigation&period;<&sol;p>&NewLine;<div class&equals;"mh-content-ad"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js&quest;client&equals;ca-pub-9162800720558968"&NewLine; crossorigin&equals;"anonymous"><&sol;script>&NewLine;<ins class&equals;"adsbygoogle"&NewLine; style&equals;"display&colon;block&semi; text-align&colon;center&semi;"&NewLine; data-ad-layout&equals;"in-article"&NewLine; data-ad-format&equals;"fluid"&NewLine; data-ad-client&equals;"ca-pub-9162800720558968"&NewLine; data-ad-slot&equals;"1081854981"><&sol;ins>&NewLine;<script>&NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi;&NewLine;<&sol;script><&sol;div>&NewLine;<p>Alan W&period; Rodrigues&comma; 59&comma; was sentenced to 120 months&comma; and Mark L&period; Bausch&comma; aka Mark Eting&comma; 44&comma; was sentenced to 96 months&period; Each defendant pleaded guilty in May to one count of conspiracy to commit wire fraud&comma; 30 counts of wire fraud&comma; and 6 counts of money laundering&period; In addition to the prison terms&comma; Bausch and Rodrigues agreed to pay &dollar;13&comma;966&comma;329&period;30 in restitution to victims and to pay between &dollar;631&comma;142 and &dollar;1&comma;050&comma;955 in a criminal forfeiture money judgment&period; United States District Judge Kent J&period; Dawson presided over the hearings&period;<&sol;p>&NewLine;<p>According to their individual plea agreements&comma; from March 2009 to about October 2010&comma; Bausch&comma; Rodrigues&comma; and their co-conspirators organized and operated Small Business Funding Co&period;&comma; Inc&period;&comma; Company Funds&comma; Inc&period;&comma; Foundation Research&comma; Inc&period;&comma; and Silver State Holding Company&comma; all telemarketing companies&period; They charged a fee for their services and offered to help small business owners obtain grants from public and private entities&period;<&sol;p>&NewLine;<p>In order to perpetuate their fraud scheme&comma; the defendants made false statements to victims to make it appear that they were likely to or guaranteed to receive a grant&period; They hired salespersons to market the services and to provide false information to the customers&period; In order to convince the customers that their service was legitimate&comma; the defendants instructed their employees to conduct research about funding entities and send letters to customers and funders&comma; knowing that many of the customers would not qualify for the grants&period; The defendants also solicited customers by conducting seminars throughout the United States&period; Throughout the entire scheme&comma; the telemarketing companies received numerous complaints from customers&comma; and the defendants facilitated giving false statements to victims in order to prevent or delay them from contacting law enforcement&period; Bausch and Rodrigues used the proceeds from the scheme to enrich themselves and others and to pay the expenses necessary to continue operating the scheme&period;<&sol;p>&NewLine;<p>In December 2014&comma; Bausch&comma; Rodrigues&comma; and co-defendants were indicted for their roles in the telemarketing fraud scheme&period; Several co-defendants have already pleaded guilty and have been sentenced for their role in the scheme&comma; including Craig Rudolph who was sentenced to 77 months in prison&semi; Jonas Bowen who was sentenced to 63 months in prison&semi; Lee Panelli who was sentenced to 41 months in prison&semi; and David Bergstrom who was sentenced to 51 months in prison&period; In a separate case&comma; co-defendant Joseph Marfoglia was sentenced to 125 months in prison&period;<&sol;p>&NewLine;<p>The case was investigated by the FBI and IRS Criminal Investigation&period; Assistant U&period;S&period; Attorneys Daniel R&period; Schiess and Jared L&period; Grimmer prosecuted the case&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;justice&period;gov&sol;usao-nv&sol;pr&sol;two-las-vegas-residents-sentenced-multimillion-dollar-telemarketing-scheme-targeting">Original PressReleases&&num;8230&semi;<&sol;a><&sol;p>&NewLine;

Financial FraudTelemarketing Fraud Scheme