HOUSTON -- A former U.S. Security and Exchange Commission (SEC) attorney was sentenced to eight years in prison on Friday for his role in penny stock scams.
Phillip Offill, 51, a former Dallas attorney and SEC trial lawyer, was convicted by a jury earlier this year on 10 counts of wire fraud and conspiracy.
He was the last of 11 men targeted in a broad investigation which dealt with the manipulation of share prices for small companies, most with North Texas connections, according to a report of the Dallas Morning News.
Offill had been with the SEC for 15 years, responsible for bringing civil cases against white collar criminals, the report said.
Phillip Offill, 51, a former Dallas attorney and SEC trial lawyer, was convicted by a jury earlier this year on 10 counts of wire fraud and conspiracy.
He was the last of 11 men targeted in a broad investigation which dealt with the manipulation of share prices for small companies, most with North Texas connections, according to a report of the Dallas Morning News.
Offill had been with the SEC for 15 years, responsible for bringing civil cases against white collar criminals, the report said.
No comments:
Post a Comment