Owensboro Man Sentenced to Prison for Fraud

WKMS | By The Associated Press,

Whitney Jones

Published October 17, 2012 at 8:27 AM CDT

An Owensboro businessman has been sentenced to eight years in prison and ordered to pay $1.6 million in restitution for a scheme to defraud investors in three states. G3 Capital Management owner Cody George was also ordered to forfeit the contents of three bank accounts totaling about $484,000 to go toward final restitution. George pleaded guilty to 11 counts of mail fraud. In addition to his Owensboro office, he admitted to setting up offices in Florida and Texas. Prosecutors say George mailed fraudulent certificates of deposit, deposited investor checks into an account in G3’s name and sent small interest payments to a Kentucky investor between December 2009 and April 2011.

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Whitney Jones

Whitney grew up listening to Car Talk to and from her family’s beach vacation each year, but it wasn’t until a friend introduced her to This American Life that radio really grabbed her attention. She is a recent graduate from Union University in Jackson, Tenn., where she studied journalism. When she’s not at WKMS, you can find her working on her backyard compost pile and garden, getting lost on her bicycle or crocheting one massive blanket.

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