{"id":3627,"date":"2006-12-19T01:47:04","date_gmt":"2006-12-19T01:47:04","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2006\/12\/for_securities_fraud_theft_and_1"},"modified":"2022-03-23T09:47:02","modified_gmt":"2022-03-23T14:47:02","slug":"for-securities-fraud-theft-and-1","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/for-securities-fraud-theft-and-1\/","title":{"rendered":"For Securities Fraud, Theft, And Racketeering, Colorado Appeals Court Affirms Financial Adviser&#8217;s 100-Year Prison Term"},"content":{"rendered":"<p>The Colorado Court of Appeals has affirmed the 100-year prison term that was imposed on financial advisor Will Hoover for racketeering, securities fraud, and theft convictions. Hoover had received his original sentencing in 2004, after being convicted for operating a number of investment scams that led to investors losing some $15 million.<\/p>\n<p>According to the appeals court, most of the charges against Hoover were related to the Agency Account of Will Hoover Co. Inc. and Bird Ventures LLC, which were his primary investment schemes.<\/p>\n<p>Hoover had used Agency Account to collect investments between 1999 and 2003, promising investors that their money would be held at the Fleet Bank of Boston in a federally insured account where the money would accrue annual fixed returns that were higher than what investors could get on their own.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/for-securities-fraud-theft-and-1\/\"  title=\"Continue Reading For Securities Fraud, Theft, And Racketeering, Colorado Appeals Court Affirms Financial Adviser&#8217;s 100-Year Prison Term\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Colorado Court of Appeals has affirmed the 100-year prison term that was imposed on financial advisor Will Hoover for racketeering, securities fraud, and theft convictions. Hoover had received his original sentencing in 2004, after being convicted for operating a number of investment scams that led to investors losing some $15 million. According to the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3790],"tags":[],"class_list":["post-3627","post","type-post","status-publish","format-standard","hentry","category-crime"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Appeals Court Affirms 100-Year Prison Term In Securities Fraud Case | Investor Lawyers Blog<\/title>\n<meta name=\"description\" content=\"The Colorado Court of Appeals has affirmed the 100-year prison term that was imposed on Will Hoover for securities fraud and theft convictions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/for-securities-fraud-theft-and-1\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Appeals Court Affirms 100-Year Prison Term In Securities Fraud Case | Investor Lawyers Blog\" \/>\n<meta name=\"twitter:description\" content=\"The Colorado Court of Appeals has affirmed the 100-year prison term that was imposed on Will Hoover for securities fraud and theft convictions.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Appeals Court Affirms 100-Year Prison Term In Securities Fraud Case | Investor Lawyers Blog","description":"The Colorado Court of Appeals has affirmed the 100-year prison term that was imposed on Will Hoover for securities fraud and theft convictions.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/for-securities-fraud-theft-and-1\/","twitter_card":"summary_large_image","twitter_title":"Appeals Court Affirms 100-Year Prison Term In Securities Fraud Case | Investor Lawyers Blog","twitter_description":"The Colorado Court of Appeals has affirmed the 100-year prison term that was imposed on Will Hoover for securities fraud and theft convictions.","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; 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