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U.S. v. OLSON

No. 95-1522.

104 F.3d 1234 (1997)

UNITED STATES of America, Plaintiff-Appellee, v. Ray William OLSON, also known as Robert G. Johnson, also known as Bob Johnson, also known as Andrew J. Johnson, also known as Logan Counts, Defendant-Appellant.

United States Court of Appeals, Tenth Circuit.

January 17, 1997.

Attorney(s) appearing for the Case

Raymond P. Moore, Assistant Federal Public Defender (Michael G. Katz, Federal Public Defender, with him on the briefs), Denver, Colorado, appearing for the Appellant.

Gregory C. Graf, Assistant U.S. Attorney (Henry L. Solano, United States Attorney, with him on the brief), Denver, Colorado, appearing for the Appellee.

Before TACHA, HENRY, and BRISCOE, Circuit Judges.

TACHA, Circuit Judge.

In a period of six years, Ray Olson defrauded over 800 people of $6,097,155 by falsely representing that their money would be invested in securities and commodities. After federal grand juries in Louisiana and Colorado indicted Olson, he pleaded guilty to one count of mail fraud, one count of wire fraud, and one count of money laundering. As part of his sentence, the district court ordered Olson to pay $6,097,155 in restitution to his victims...

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