investments
Hershey, Bradley get prison terms in local Ponzi scheme
Feb. 23. By Dave Yochum. Family, friends, victims and two US Attorneys filled a Charlotte courtroom yesterday afternoon as two Cornelius men who pled guilty to wire fraud conspiracy for orchestrating a large-scale investment scheme were sentenced to prison terms and probation. Attorneys for both Marlin Hershey, 54, and Dana Bradley, 53, both of Cornelius, […]
Marlin Hershey, Performance Holdings assessed millions in damages in Colorado civil trial
Nov. 15. By Dave Yochum. A suit brought by the court-appointed receiver for a failed real estate company in Denver, Colo., has resulted in judgments worth on the order of $11 million against Marlin Hershey, a Cornelius resident, and his company, Huntersville-based Performance Holdings After the verdicts were announced, Hershey, representing himself, said he would […]
Bradley, Hershey will be sentenced Oct. 26 in wire fraud case
Oct. 4. Sentencing hearings for Marlin Shawn Hershey and Dana Bradley have been set for Oct. 26 in the courtroom of Judge Frank Whitney. The Cornelius residents could face up to 20 years in prison after pleading guilty to wire fraud conspiracy for orchestrating a large-scale investment scheme. Federal prosecutors said they ran a classic […]
Two Cornelius fraudsters plead guilty, face up to 20 years
June 1. [Updated] By Dave Yochum. Two Cornelius residents, Marlin Hershey, 53, and Dana Bradley, 53, face up to 20 years in prison after pleading guilty to wire fraud conspiracy for orchestrating a large-scale investment scheme. The Feds said they ran a classic Ponzi scheme. According to filed court documents and the plea hearings, from […]
Hershey, Bradley trial moved to September
June 24. A trial previously scheduled for Cornelius residents Marlin Hershey and Dana Bradley on July 11 has been moved to Sept. 12, in the courtroom of Judge Frank Whitney. According to an indictment handed down by a federal grand jury in April, from approximately 2009 to 2021, Hershey and Bradley induced victims to invest […]
Ponzi schemer pleads guilty
March 6. Anyone can say anything. What he or she does is another thing. Here’s what Andrew “Diamond Drew” Lovett said in 2012: “I am proud that Safari Minerals has been able to achieve all it has thus far while following a strict code of ethical business practices and sound financial discipline.” Here’s what he […]
