Federal Jury Convicts A Kansas City Man For Committing $1.5 ...

Kansas City, MO (AHN) - A federal jury handed down a guilty verdict to a man for a series of fraudulent schemes that took $1.5 million from savings accounts Wednesday.

Jason E. Branch, Sr., 42, of Grandview, was found guilty of conspiracy to commit mail fraud and wire fraud, along with additional counts of mail fraud and money laundering.

Following the presentation of evidence, the jury in U.S. District Court in Kansas City deliberated three hours before returning the guilty verdict to U.S. District Judge Gary A. Fenner, ending a trial that began April 30, 2007.

From Jan. 1, 2003 to March 30, 2005, Branch convinced many of his victims to withdraw money from their retirement plans and savings accounts in order to invest in one of Branch's fraudulent schemes.