Criminal Law

Oregon Man Sentenced in $3.2M Fraud Scheme Targeting Truck Investors

An Oregon man was recently sentenced to eight years in prison and ordered to pay back over $3.2 million for his role in an elaborate fraud scheme while living in Hawaii.

Senior U.S. District Judge Helen Gillmor sentenced Neil Kauhi, 52, of Wilsonville, Oregon, to 97 months in federal prison and ordered him to pay more than $3.2 million in restitution in mid-December. He also consented to forfeit nearly $600,000 seized by the Federal Bureau of Investigation.

Kauhi previously pleaded guilty to one count of wire fraud in July 2019 in the U.S. District Court for the District of Hawaii.

Between 2012 and 2018, Kauhi siphoned millions from 33 investors, which he promised to invest in a trucking company, as well as precious metals, real estate, and a solar energy company, while living in Oahu, Hawaii, according to court filings.

Read the source article at FreightWaves

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