2 men free after W. Mich. fraud case falls apart

Two men have been released from federal prison after an appeals court threw out their convictions in a $7 million investment fraud.
AP Wire
May 31, 2013

Federal prosecutors in Grand Rapids said they won't try to challenge the court's decision.

Michael Heshelman was four years into a 17-year sentence, while Bryce Sherwood was serving a five-year prison sentence.

The appeals court in April said the government took too long to bring Heshelman and Sherwood to court. The charges can't be refiled.

The unwitting investors included a Barry County pastor and his wife who lost $2.5 million. They created a foundation and had hoped to grow the money and spend it on charitable works.

The government accused Heshelman of living lavishly overseas with money from investors. He was extradited from Switzerland.

Comments

tartarus12

We truly live in an idiocracy. These crooks were released because it took too long to bring them to trial. But they fled the country which lead to the delay. How these incompetent judges get on the bench is something I will never understand.

LessThanAmused

So, in some cases crime does pay. Is that the lesson learned from these types of boondoggles?

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