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Kelling v. United States: Securities Fraud Case by Scribd Government Docs is a document available to read on EtoBox.
Kelling was indicted on five counts of securities fraud and mail fraud. He solicited investments from Sramek and Salmon for a purported coal mining venture by making false claims about leasing a mine and owning mining equipment. Sramek invested $20,000 and Salmon invested $2,000. However, Kelling used most of the money for personal expenses rather than the mine. The court found Kelling guilty based on evidence that he made false representations to defraud investors using interstate commerce and mail. The ap
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- EN