Federal authorities say a Tucson couple who ran a software company have been convicted of defrauding investors out of about $5 million.
Federal authorities say a Tucson couple who ran a software company have been convicted of defrauding investors out ofProsecutors say 73-year-old Michael Feinberg and his 80-year-old wife Betsy Feinberg were convicted by jurors Friday after a trial in U.S. District Court in Tucson.
According to evidence presented at trial, the Feinbergs' company, Catharon Software, promised investors and philanthropists enormous returns. Their self-proclaimed revolutionary software called VDelta also was supposed to give people the ability to create programs without having to be a programmer. Prosecutors say the couple made false promises about the software's completion date, release date and capabilities for 15 years.
The Feinbergs reportedly used investor money for an array of personal expenses, including their mortgage.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Ukrainian woman in Tucson makes and sells felt art to send money back homeA Ukrainian couple living in Tucson is selling art to send the funds to Ukraine. The local United Nations Association Center gave them a platform to do it.
Lire la suite »
Watch now: Tucson-area marathon runner shares her storyMarlinda Francisco, a Tohono O'odham and Navajo runner, works with Healthy O'odham Promotion Program in Sells to promote diabetes awareness and prevention. She participated in her first marathon seven years ago to honor her uncle and continues to run in…
Lire la suite »
Tucson rule to preserve desert plants has gone unenforced for 20 yearsCity officials blame limited staffing as one of the reasons the ordinance, passed in 1997, is not being enforced now.
Lire la suite »
Pima County and City of Tucson partner to fill dozens of open positions at job fairPima County and the City of Tucson are looking to fill dozens of open positions at a job fair happening Tuesday, April 19.
Lire la suite »
Tucson Police Department holds largest event aimed at recruiting womenMonica Prieto is the only woman among four assistant chiefs in the Tucson Police Department and the first Latina in her role.
Lire la suite »
Photos: Tucson Sugar Skulls suffer heartbreaking 67-66 loss in home openerThe Strike Force come back on the last play of the game, capping a fourth quarter comeback, to nip the Sugar Skulls 67-66 at the Tucson Arena, Tucson, Ariz., April 9, 2022.
Lire la suite »