Parker sentenced to 55 months for conspiring to defraud investorsAugust 21,2013Vermont storyteller Malcolm “Mac” Parker was sentenced to more than four and a half years in jail Wednesday for his role in defrauding hundreds of investors who put money into the film “Birth of Innocence.”
Two days after the films silent partner Louis Soteriou was sentenced to seven years in jail for pocketing almost $4 million of the $28 million raised over the course of a decade on the film, Parker, who was described as the face of the film and the trusted community figure who solicited funds from friends, family and neighbors, apologized to his victims and promised to spend his life working to make restitution payments on the roughly $9 million that was diverted over 10 years.
Federal prosecutors and Parker’s attorney both asked the court to hand down a reduced three-year jail sentence to reflect Parker’s cooperation and his aid in prosecuting Soteriou.
But Judge Christina Reiss decided that while Parker’s cooperation warranted some reduction from the 72-month sentence that federal guidelines called for, she said she was concerned about his lack of accountability for the crime.
While Parker pleaded guilty to conspiring to defraud investors, the judge said deflecting statements that he made from the stand while testifying against Soteriou on Monday troubled her. Of equal concern, she said, was Parker’s willingness to blame Soteriou’s influence for his actions despite the fact that Parker continued to solicit money and lie to investors after he realized that Soteriou was not going to be able to deliver on his promise of repaying the debts.MORE IN This Just InFormer city attorney Christopher Sullivan will serve at least four years behind bars in the... Full Story
- Most Popular
- Most Emailed
- RICHARD'S POOR ALMANACK: On this day 1739, 'Richard Palmer' identified in prison at York Castle as the notorious outlaw DICK TURPIN; IN 1836, Battle of the Alamo begins near San Antonio de Bexar, Texas; 1896, the Tootsie Roll invented by LEO HIRSCHFELD.
- RICHARD'S POOR ALMANACK: On this day in 1472, Orkney, Shetland islands put up as collateral by Norway to Scotland in lieu of dowry for MARGARET OF DENMARK on her marriage with JAMES III, king of Scotland; 1962, JOHN GLENN first American to orbit Earth.
- TOMORROW'S HEADLINES TODAY: City mayoral candidates debate campaign issues; Hartford, Conn., woman still missing; Neal Goswami reports attempts to legislate suicide; local woman loses 100 pounds through TOPS program.
- RICHARD'S POOR ALMANACK: On this day in 1878, JOHN TUNSTALL murdered near Lincoln, New Mexico, by the outlaw JESSE EVANS; in 1930, ELM FARM OLLIE first cow to fly in aircraft, first to be milked airborne; 1955, nuke test WASP; '79, snow in Sahara.
- TOMORROW'S HEADLINES TODAY: Rutland Herald News Editor Alan J. Keays and staff writer Gordon Dritschilo discuss stories planned for the February 18, 2015, edition of the newspaper: Winter budgets maxed, legal marijuana, Springfield bank job, USPS slowdown
- RICHARD'S POOR ALMANACK: On this day in 1249 AD, ANDRE of LONGJUMEAU is dispatched by LOUIS IX of France to meet the KHAGAN, ruler of the Mongol Empire; in 1804, during 1st Barbary War, STEPHEN DECATUR scuttles the pirate-held USS Philadelphia in Tripoli.