Brookville man sentenced for role in Ponzi Scheme

first_imgBROOKVILE, Ind. – A Brookville man will have an extended prison stay after being sentenced this week for his role in a Tri-State Ponzi scheme.Jerry Smith, of Brookville, pleaded guilty in Franklin County Circuit Court last month to five felony counts of criminal securities fraud.Investigators say Smith, and co-conspirator Jason Snelling, ran an $8.9 million scheme selling unregistered investments while working for OneAmerica Securities.Instead of investing clients’ money as promised, the pair used the funds to pay for personal expenses, authorities said.Smith was sentenced this week to 20 years in prison and 20 years on probation. The judge ordered he pay $410,189 in restitution.Jail time will run concurrently with the 65-month federal jail sentence Smith is serving for mail fraud, wire fraud, and tax evasion, related to the Ponzi scheme.Indiana Secretary of State Connie Lawson’s Prosecution Assistance Unit assisted in the investigation.“Smith’s actions were deplorable and I’m pleased we were able to add additional jail time to his sentence,” said Secretary Lawson. “He took advantage of people who knew and trusted him. Plus, he never registered his products as required by law. This combination is typical of what we see in so many Ponzi schemes. I encourage all investors to protect themselves by checking with my office before investing, even if you know the person.”Securities Commissioner Carol Mihalik commented, “I would like to thank Franklin County Prosecutor Mel Wilhelm for his continued work on this case.”“Our offices have been collaborating on this case for almost five years now. Thanks to the continued cooperation between state and local officials, we have been able to hold Smith accountable for his actions and maximize his sentence.”last_img read more

Dorothy L. Gaultney, 65

first_imgDorothy L. Gaultney, 65 of Greensburg, Indiana, passed away at 4:47 p.m. on November 27, 2019 at St. Vincent’s Hospital in Indianapolis, Indiana.  Born September 14, 1954 in Shelbyville, Illinois, she was the daughter of Charles Raymond and Alma Reca (Johnson) Smith. Dorothy “Momma Doe” was a 1973 graduate of Maroa-Forsyth High School. She was married to Kevin Gaultney on October 20, 2001 and he survives. Other survivors include; stepdaughter, Kristina Gaultney; brother, Jimmy Smith of Pana, Il; two grandsons, three great grandkids, all chosen children, many nieces and nephews. She was preceded in death by her parents, three brothers and three sisters. A public visitation will be held on Monday from 3 to 7:00 p.m. at the Porter-Oliger-Pearson Funeral Home in Greensburg.  Graveside Services will be held at the Maroa Cemetery in Maroa, Illinois at a later date. Online condolences can be made to the family at www.popfuneralhome.comlast_img read more

Badgers ready for Big Ten foes

first_imgDEREK MONTGOMERY/Herald photoAs the weather begins to turn cool, the No. 15 University of Wisconsin women’s soccer team readies itself for the start of Big Ten play.”The Big Ten is almost like restarting the season again,” UW assistant coach Carrie Barker said. “Once the Big Ten starts, it’s like starting from scratch. The Big Ten is like a different life.””Anyone can beat anyone on any given day in the Big Ten,” Baker added. “It’s very competitive and the most important thing right now.”With two losses already credited to their record, the Badgers are slightly off the pace they established last year.”Last year, we went 10-0 non-conference,” sophomore goalkeeper Lynn Murray said. “It was huge because we did not have the same strength of schedule that we have this year. Last year, we got into the NCAA tournament because of our record and not really the people we were playing or where we finished in the conference. As a team goal, we are trying to get to the same place we were last year.”Though the Badgers’ record currently stands at 5-2-1, the road to the NCAA tournament won’t be easy with a tough conference season ahead. Several Big Ten schools have found success early in the year.No. 2 Penn State leads the Big Ten with eight victories, as the Nittany Lions have outscored their opponents 24-6. Senior forward Tiffany Weimer has managed to score in all eight games — racking up 11 goals.Penn State is the only Big Ten school besides Wisconsin with a national ranking. En route to their unblemished record, the Nittany Lions have already defeated four ranked teams. The Badgers will have home-field advantage against the Lions Sunday, Oct. 2, and will be out for revenge after last season’s 4-0 loss in Madison.”Last year we lost pretty badly to them,” Barker said. “I think we need to have a recap and let them know that we are going to remember last year’s game and not be afraid to play them again. It’s important for us to evaluate ourselves.””We are a year older, more experienced and more driven to prove to them that last year’s game was an embarrassment and we will not let that happen again.”Northwestern is also off to a booming start. The Wildcats have won six contests, losing one road game to No. 23 Marquette, but have a history of losing away games. Last season they fell in seven of their nine road contests and were outscored 28-9.”The biggest lesson we learned last year was that we need to be as prepared to compete on the road as well as at home,” Northwestern head coach Jenny Haigh said. “We have a lot of pride playing on our home field, but we need to carry that same pride as competitors at any facility against any opponent.”Wisconsin will travel to Northwestern Oct. 28.The Badgers will open Big Ten play this weekend when they travel to Iowa and Illinois.The Hawkeyes have not had the same early season success, recording only one win, which came in overtime against Air Force. Over the last two years, Iowa has failed to win a conference game. Its last conference win occurred Oct. 25, 2002, against Illinois. Wisconsin has won three out the last four meetings between the two teams.”Iowa’s record does not mean anything,” Barker said. “You could have a horrible non-conference season and get that one win that will change the whole season around. We are concerned about playing them and after we are through with them, we will concentrate on Illinois.”Inconsistency has plagued Illinois this season. After advancing to the quarterfinal round of the 2004 NCAA Tournament, the Illini began the season with a No. 13 national ranking but have since fallen out of the rankings. Sunday, Illinois lost 2-1 to Indiana State. The win was the first for the Sycamores against a Big Ten or nationally ranked opponent. However, the Badgers lost to the Illini last year, 1-0.”Illinois haven’t had the season they’ve wanted,” Barker said. “We can’t think they’ve had some bad losses and they are done. Anything can happen in the Big Ten.”last_img read more

ESforce and PepsiCo join forces – energy drink Adrenaline Rush partners with Virtus.pro

first_imgESforce has announced a partnership with PepsiCo which will specifically see energy drink brand Adrenaline Rush become a partner with one of ESForce’s teams, Virtus.pro. The news was posted on Cybersport.ru, and although the post is all in Russian, it has since been confirmed by various ESforce associates on Twitter. Happy to announce our partnership with Adrenaline Rush as a part of a global cooperation between PepsiCo and ESForce! pic.twitter.com/yeUfN2oBPM— Roman Dvoryankin (@dvoryrom) May 18, 2017There’s not a huge amount of information regarding the deal, yet the Adrenaline Rush deal is seen as part of a “global cooperation” and is labelled the “first project” thus implying that the PepsiCo partnership has much wider implications and possibilities.It’s not the first time Adrenaline Rush has been in and around esports, however. Adrenaline Rush was the title sponsor of the “Adrenaline Cyber League”, a tournament in which 16 CIS/Russian teams were invited to qualify, and two teams were directly invited to the four team LAN finals. FlipSid3 Tactics and Tengri were joined by qualifiers Gambit Gaming and Team Spirit, with Gambit taking home first place and $50,000 (£38,400), half of the total $100,000 (£76,800) prize pool.  It’s the latest addition to the ever growing ESforce portfolio, having already struck a partnership with MediaMarkt just last month. It’s another big brand as well – and it’s not too difficult to see why investors are attracted to ESforce. With a portfolio of teams including Virtus.pro, Natus Vincere and SK Gaming and some of the largest media brands in the CIS and Russian region it’s clearly an attractive prospect. Both MediaMarkt and PepsiCo are large companies and although any intricate details of the deals have not been revealed, one would assume that they’re not the smallest of partnerships.Although Virtus.pro is a name synonymous with success in the Counter-Strike: Global Offensive scene, recent results have been fairly awful. Yesterday their relegation from the ESL Pro League to the ESEA Premier Division was confirmed after a 2-0 loss to an up and coming PENTA squad. Esports Insider says: Another big deal for ESforce, this time with PepsiCo. Adrenaline Rush is the first fruit of this partnership, but what else will we see in the future?last_img read more