OpenCDA

July 7, 2018

They’re Off to See the Prison …

Filed under: Probable Cause — Tags: — Bill @ 6:45 am

DBSIBack in 2014 OpenCdA ran a series of posts about the DBSI financial scandal headquartered in Meridian, Idaho.

The DBSI fraud had at least ten victims in northern Idaho.  It had victims in 34 states and millions of dollars in losses to victims.  Yet neither of our area skews papers (Coeur d’Alene Press or The Spokesman-Review) followed and reported on this very significant financial crime operating out of Idaho and financially damaging residents in our area.

The Idaho Statesman reported on Friday that former DBSI executives Douglas Swenson, Mark Ellison, Jeremy Swenson and David Swenson will appear before US Magistrate Candy Dale in Boise on Monday.

Their appeals have been rejected by the Ninth Circuit Court of Appeals and the US Supreme Court, so Magistrate Dale can either order them taken immediately into custody to begin serving their sentences or she can allow them to remain free on bail until their prison assignments have been finalized.

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