After four weeks of testimony, the jury in the money laundering trial of the wife and son of the former CEO of LeNature's Inc. found the defendants guilty on Nov. 29. Though the jury found the wife, 50, not guilty of two charges, they convicted her of three counts of money laundering and one count of conspiracy. Her son was convicted of four counts of money laundering and a count of conspiracy.
Recently, Robert Stinson Jr. entered a guilty plea to fraud and money laundering, with no plea agreement in place. With a number of charges filed against him in the U.S. District Court for the Eastern District of Pennsylvania, he faces sentences totaling up to 329 years. Authorities claim his confession acknowledges using an investment firm as a front for a Ponzi scheme. They claim he admits to simply spending investor funds without attempting to reinvest them. They accuse him of just spending it all on a lavish lifestyle.
A Pennsylvania man, who was facing multiple charges for white collar crimes, was recently before a federal court in Pennsylvania. The 67-year-old was the former vice president of LeNature Inc., a beverage company based in Western Pennsylvania.