Shanna Krista Raymond Sentenced in U.S. District Court
|U.S. Attorney’s Office December 21, 2012|
The United States Attorney’s Office announced that during a federal court session in Missoula on December 20, 2012 before U.S. District Judge Donald W. Molloy, SHANNA KRISTA RAYMOND, a 37-year-old resident of Oregon, appeared for sentencing. RAYMOND was sentenced to a term of:
- Prison: 24 months
- Special Assessment: $200
- Restitution: $1,500,000
- Supervised Release: three years
RAYMOND was sentenced in connection with her guilty plea to wire fraud and money laundering.
In an offer of proof filed by Special Assistant U.S. Attorney Chad C. Spraker, the government stated it would have proved at trial the following:
In early 2008, RAYMOND learned of a purported high-yield investment through her associate C.L. The investment was to return a large amount of money over a relatively short amount of time and involved Dan Two Feathers, who would invest the funds.
Also in early 2008, RAYMOND met Brian Gill and discussed the Two Feathers’ investment. Gill expressed interest in promoting the investment.
In late March or early April 2008, RAYMOND met in Denver with Two Feathers, Gill, and others to discuss the purported investment. Shortly thereafter, Gill entered into a written agreement with RAYMOND to promote the investment.
Either shortly before or after the Denver meeting, Gill organized a meeting at an automobile shop in Long Beach, California. Several investors or potential investors attended the meeting including A.A., B.B., and C.C. Both RAYMOND and Gill promoted the investment, and investors were informed that their money would be invested with Dan Two Feathers. After the meeting, C.C. wired $100,000 to RAYMOND’s bank account.
RAYMOND, Gill, or their associates also promoted the investment to J.E., L.D., R.M., D.D., S.D., and Larry C. Those investors’ money together with C.C.’s $100,000 totaled $900,000, which RAYMOND received in her bank account. RAYMOND sent $500,000 from her bank account in Portland, Oregon to Two Feathers’ bank account in Hamilton. RAYMOND used the remaining $400,000 for other purposes.
Neither C.C., J.E., L.D., R.M., D.D., S.D., nor Larry C. received back their principal or a return on the purported investment.
Two Feathers and Gill pled guilty to federal charges. Two Feathers has been sentenced and Gill is awaiting sentencing.
Because there is no parole in the federal system, the “truth in sentencing” guidelines mandate that RAYMOND will likely serve all of the time imposed by the court. In the federal system, RAYMOND does have the opportunity to earn a sentence reduction for “good behavior.” However, this reduction will not exceed 15 percent of the overall sentence.
The investigation was a cooperative effort between the Federal Bureau of Investigation and the Criminal Investigation Division of the Internal Revenue Service.