DBSI verdict
Tag Archive

  • DBSI President Sentenced to Federal Prison

    August 25, 2014 Comments (0) Blog, Securities Fraud

    According to the Associated press, the president of DBSI, David Swenson, was sentence to 20 years in federal prison by District Judge B. Lynn Winmill. The company’s former legal counsel, Mark Ellison, was sentenced to five years. “Winmill said Wednesday that he didn’t believe the defendants set out

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  • DBSI Executives Found Guilty

    April 17, 2014 Comments (0) Blog, Securities Fraud

    According to reports, CEO and president of DBSI, Douglas L. Swenson, was convicted of thirty-four counts of wire fraud and forty-four counts of securities fraud. Three other top DBSI executives were also convicted on multiple fraud charges. The jury convicted Ellison, 65, of Boise, David Swenson, 36, of Boise, and

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