Tuesday, May 8, 2012

Mini-Madoffs Caught In Arizona


(516) 319-5822 

A couple who has been on the run for the past 12 years has been arrested by deputy marshals in Tonopah, AZ, 50 miles west of Phoenix. Officials believe they hid in Arizona for the past couple of years.

Nelson Grant Hallahan, 65, and his wife Janet Hallahan, 54, lived in several states in the Southwest and used a number of aliases as they were living their lives on the run. The couple pleaded guilty in Illinois federal court to bank and mail fraud conspiracy charges and money laundering. They didn’t show up for their sentencing and began living life on the run (http://goo.gl/RfhDN).

“The 12-year run from justice of the Hallahans, also known as the Mini-Madoffs, has come to an end, US Marshal for Arizona David Gonzales said in a statement. “Their investment scams involving family, friends and the elderly ruined many lives.”

While the couple was living in Illinois, they promised the victims significant returns on their investments. While the victims didn’t know they were running a Ponzi scheme, the Hallahans defrauded investors by selling interests in a tanning salon that they later sold without saying a word.

The Marshal Service said the couple netted millions of dollars from victims and maintained a lavish lifestyle buying yachts, luxury vehicles, designer clothes and jewelry (http://goo.gl/RfhDN).

Are you trying to evade your parking tickets and need some help? Give us a call at 516-319-5822 and we’ll work with you!

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