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Ex-securities broker admits misappropriating $5.7 million from a Pa. firm's pension plan | News, Sports, Jobs


From PennLive
WILLIAMSPORT A former securities broker in Tennessee has admitted emailing false and forged documents as part of a scheme that misappropriated $5.7 million from the pension plan of a Centre County business.
John Sherman Jumper, 55, of Memphis, pleaded guilty Friday in U.S. Middle District Court to a charge of wire fraud.
The government has set the loss from the scheme at $2.7 million because the pension plan for hourly workers at Snow Shoe Refractories of Clarence was repaid $3 million.
The charge to which Jumper pleaded guilty involved an email he sent to the pension plan’s unidentified actuary in Harrisburg that contained false and fraudulent information. ....

United States , Brett Blair , Georgej Rocktashel , Mattheww Brann , Brian Porterfield , Merrill Lynch , Us Middle District Court , Refractories Inc , Centre County , Sherman Jumper , District Court , Snow Shoe Refractories , Alluvion Securities , Judge Matthew , United Methodist , Premier Refractories , American Tubing Arkansas , Speedee Brakes , Thousand Hills Capital , Evertone Records , ஒன்றுபட்டது மாநிலங்களில் , ப்ரெட் பிளேயர் , பிரையன் போர்டர்‌ஃபீல்ட் , மெரில் லிஞ்ச் , எங்களுக்கு நடுத்தர மாவட்டம் நீதிமன்றம் , மையம் கவுண்டி ,

Ex-securities broker admits misappropriating $5.7 million from a Pa. firm's pension plan


Ex-securities broker admits misappropriating $5.7 million from a Pa. firm’s pension plan
Updated Apr 09, 4:46 PM;
Posted Apr 09, 4:46 PM
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John Sherman Jumper, 55, of Memphis, pleaded guilty Friday in U.S. Middle District Court to a charge of wire fraud.
The government has set the loss from the scheme at $2.7 million because the pension plan for hourly workers at Snow Shoe Refractories of Clarence was repaid $3 million.
The charge to which Jumper pleaded guilty involved an email he sent to the pension plan’s unidentified actuary in Harrisburg that contained false and fraudulent information.
He admitted falsely representing himself as a vice president of the refractory business that manufactures and sells fireclay and high alumina refractory brick and related products. ....

United States , Brett Blair , Georgej Rocktashel , Mattheww Brann , Brian Porterfield , Merrill Lynch , Us Middle District Court , Refractories Inc , Centre County , Sherman Jumper , District Court , Snow Shoe Refractories , Alluvion Securities , Judge Matthew , United Methodist , Premier Refractories , American Tubing Arkansas , Speedee Brakes , Thousand Hills Capital , Evertone Records , ஒன்றுபட்டது மாநிலங்களில் , ப்ரெட் பிளேயர் , பிரையன் போர்டர்‌ஃபீல்ட் , மெரில் லிஞ்ச் , எங்களுக்கு நடுத்தர மாவட்டம் நீதிமன்றம் , மையம் கவுண்டி ,