Court’s Denial Of Motions For Acquittal, Mistrial In Ponzi Scheme Suit Upheld

Mealey's (April 26, 2019, 11:41 AM EDT) -- ATLANTA — A federal district court did not err in denying a convicted Ponzi scheme operator’s motion for a judgment of acquittal because sufficient evidence to support his convictions for conspiracy to commit mail fraud and mail fraud was provided at trial, an 11th Circuit U.S. Court of Appeals panel ruled April 24 (United States of America v. Billy Wayne McClintock, No. 18-12916, 11th Cir., 2019 U.S. App. LEXIS 12039)....