Adviser gets 12 years in prison in Ohio fraud case
AKRON, Ohio (AP) — Nineteen convictions, two acquittals and a bevy of changes in how business is done in the state’s capital.
Those are the results of a three-year investigation into an investment scandal at the Ohio Bureau of Workers’ Compensation.
The sentencing of investment adviser Mark Lay to 12 years in prison on Tuesday marked the close of the last pending criminal case related to the investigation.
‘‘We’re not ready to close the books yet,’’ state Inspector General Tom Charles said. ‘‘We’re happy that this part is done and the sentence is complete and we can make some decisions after that.’’
Lay was responsible for the bulk of $300 million in investment losses at the workers’ comp bureau, costing the state $216 million in a high-risk hedge fund he set up in Bermuda.
U.S. District Judge David D. Dowd Jr., who sentenced Lay after the second day of a lengthy sentencing hearing, ordered Lay to be taken into custody immediately. He was l
Ohio court: Landlord not liable for tenant dispute
COLUMBUS, Ohio (AP) — A landlord who failed to intervene in a racial dispute between two tenants is not liable for creating a hostile environment, the Ohio Supreme Court said Tuesday.
In a 7-
Ohio gov. and former gov. celebrate lakes pact
MARBLEHEAD, Ohio (AP) — Democratic Gov. Ted Strickland and his Republican predecessor have come together on the shore of Lake Erie to celebrate an agreement aimed at protecting the Great Lakes.
Ohio nudists battle in court
CINCINNATI (AP) — Nudists in a southwest Ohio resort are baring a long-running internal battle in lawsuits.
A judge has ordered a man to begin paying rent to stay at the resort just west of C
Ohio town split over Bible, teacher's conduct
MOUNT VERNON, Ohio (AP) _ Demonstrations on the town square show just how divided people are over the school board's decision to fire a science teacher accused of preaching his Christian beliefs in th
» Full StoryWoman tells dispatcher she set Ohio apartment fire
CLEVELAND (AP) _ A woman called 911 to turn herself in to police, saying she set fire to an apartment where her boyfriend was found dead.
Tiani Williams, 24, was charged with aggravated
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