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(Yahoo)   In a suprise twist, federal prosecutors are demanding convicted white-collar criminal Sam Cohen, who defrauded celebrities and foundations of $60 million, be sentenced to "robbed a 7-11" kinda time   (news.yahoo.com) divider line 71
    More: Interesting, United States Attorney, white-collar crimes, Ronnie Cohen, Harry Belafonte, acceptance of responsibility, court reporters, history of painting, Doylestown, Pennsylvania  
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9071 clicks; posted to Main » on 30 Apr 2012 at 10:55 AM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-04-30 09:33:59 AM
30 years for a white-collar thief? DAMN he must have ripped off the prosecutors grandmother or something. And for those unfamiliar with federal prison rules, there is no such thing as probabtion anymore in the federal system and when your time is up in the decade-plus range you are ineligible for the "country club" minimum security prisons
 
2012-04-30 10:58:32 AM
He ripped off celebrities. Reverse favoritism.
 
2012-04-30 11:00:35 AM
xfinity.comcast.net
He's lucky. This guy was sentenced to guest starring on Glee.
 
2012-04-30 11:01:27 AM
I like that the lawyer seeks a lesser sentence, because his client has a "long history of selfless acts."
 
2012-04-30 11:01:34 AM
Congenital? Was he selling fake penises and faulty vaginas to celebrities?

And why isn't the plural of vagina, vaginas? How would I point out numerous vaginas?
 
2012-04-30 11:03:40 AM
www.createacashflowshow.com
Gomer can spell it right. Why can't you, subby?
 
2012-04-30 11:04:43 AM
This is why, if you want to defraud people of millions of dollars, you target old people's pensions.

NEVER attack the powerful.
 
2012-04-30 11:04:52 AM
Meanwhile John Corzine walks around free, despite stealing billions and lying about it to Congress.
 
2012-04-30 11:05:42 AM
Prosecutors say that Cohen rented a mansion in the wealthy enclave of Belvedere just north of San Francisco and...


At least the guy has good taste in real estate.
 
2012-04-30 11:05:45 AM
Max Wannequin: I like that the lawyer seeks a lesser sentence, because his client has a "long history of selfless acts."

The guy has donated over 2 million stolen dollars to charity. What more do ya want?
 
2012-04-30 11:06:13 AM
Magorn: 30 years for a white-collar thief? DAMN he must have ripped off the prosecutors grandmother or something.

In this case, other rich people. Celebrities, in fact, ergo, different rules from the rest of us proles. One hopes that subby's "surprise twist" is sarcasm. Bernie Madoff made the same mistake - steal from other rich people and you're gonna get cooked.

In other news, Wall Street bankers that defrauded the country out of billions in overpriced mortgage instruments still at-large.
 
2012-04-30 11:08:35 AM
Good.

"'A 30 year sentence is excessive for a 53-year old first-time offender, who has a long history of selfless acts and entrepreneurial innovation,' Cohen's attorney Marcus S. Topel wrote"

"Entrepreneurial innovation" is an interesting euphemism for epic fraud.
 
2012-04-30 11:10:37 AM
His wife's book:

ecx.images-amazon.com
 
2012-04-30 11:11:02 AM
The lesson here is..... don't defraud big Democrat party donors?
 
2012-04-30 11:14:33 AM
don't understand: [www.createacashflowshow.com image 188x233]
Gomer can spell it right. Why can't you, subby?


Supplies!

/Oversized GIF
 
2012-04-30 11:19:50 AM
JohnAnnArbor: Good.

"'A 30 year sentence is excessive for a 53-year old first-time offender, who has a long history of selfless acts and entrepreneurial innovation,' Cohen's attorney Marcus S. Topel wrote"

"Entrepreneurial innovation" is an interesting euphemism for epic fraud.


He is just cutting out the middleman, showing that you really don't need to involve Goldman Sachs or their former executives in your shenanigans.
 
2012-04-30 11:21:09 AM
Welcome to Fartbongo's America...rich white guys are marked men!

/derpado
 
2012-04-30 11:27:37 AM
Ahh, the guy has donate a couple of million dollars of other people's money. Please take that into consideration.
 
2012-04-30 11:27:55 AM
Yeah, wake me when a crooked CEO or politician gets this kind of time.
 
2012-04-30 11:28:38 AM
Remember, those people are good with money. Just not your money.
 
2012-04-30 11:30:19 AM
Wait a second.....that guy is WHITE and they are going to give him that penalty? Did I bang my head and end up in one of those fringe parallel worlds?
 
2012-04-30 11:30:34 AM
Good luck with that, Mr. Prosecutor....
 
2012-04-30 11:35:39 AM
JohnAnnArbor: Good.

"'A 30 year sentence is excessive for a 53-year old first-time offender, who has a long history of selfless acts and entrepreneurial innovation,' Cohen's attorney Marcus S. Topel wrote"

"Entrepreneurial innovation" is an interesting euphemism for epic fraud.


I'm baffled that they're going the "first offender" route for someone that committed "15 counts of wire fraud, 11 counts of money laundering and three counts of tax evasion," especially given the timeframe in which those crimes occurred. He spent years lying, cheating, and stealing, and did an incredible amount of harm to just to the people he defrauded, but also to the people that money was supposed to help.

Throw the book at him.
 
2012-04-30 11:36:49 AM
Yeah and Bernie Madoff gave to charity too. So what.

There is no reason that those who steal millions should get off lighter than serial shoplifters.
 
2012-04-30 11:38:35 AM
Around here the normal working sucker is out about a day for each $250 stolen. If that is the normal average, that should be the fine. See you in 240,000 days (or 600+ years)
 
2012-04-30 11:42:11 AM
spentmiles: Congenital? Was he selling fake penises and faulty vaginas to celebrities?

And why isn't the plural of vagina, vaginas? How would I point out numerous vaginas?


I've been a gynecologist for 15 years, with previous experience as a pediatrician and an adult movie director. I can say with certainty that the plural of vagina is vaginae, and you don't point out numerous vaginae, you stick your pointer finger in them.
 
2012-04-30 11:43:08 AM
Any relation to Sacha Cohen?
 
2012-04-30 11:43:47 AM
Phanatic1a: Meanwhile John Corzine walks around free, despite stealing billions and lying about it to Congress.

Isn't it funny how politicians never want to throw the book current/former politicians?

Corzine is and has always been a crook. He's almost always been blatant about it.
 
2012-04-30 11:46:52 AM
CrispFlows: Any relation to Sacha Cohen?

Isn't that guy that sang the popular rendition of "Hallelujah"?
 
2012-04-30 11:48:10 AM
Boris S. Wort: Yeah, wake me when a crooked CEO or politician gets this kind of time.

Like Jeff Skilling, who got 24 years after Enron?
 
2012-04-30 11:48:47 AM
TheManofPA: Wait a second.....that guy is WHITE and they are going to give him that penalty? Did I bang my head and end up in one of those fringe parallel worlds?

No, you're just a farking idiot.
 
2012-04-30 11:52:42 AM
This is what happens when you steal from the rich.
 
2012-04-30 11:53:09 AM
meanmutton: Boris S. Wort: Yeah, wake me when a crooked CEO or politician gets this kind of time.

Like Jeff Skilling, who got 24 years after Enron?


Boris was a silly pants for not reading the article, since the article clearly used Jeff Skilling as an example, which is why you were able to come up with that reply.

You are a silly pants for not recalling the point of bringing Jeff Skilling up in the article was that he was a crooked CEO who took down an entire corporation losing 20,000 jobs, and BILLIONS for investors didn't even get 30 years yet this guy on the hook for $60 million is headed for 30.

So in refuting his point, you brought up the perfect example to support his point.
 
2012-04-30 12:00:17 PM
Chagrin: CrispFlows: Any relation to Sacha Cohen?

Isn't that guy that sang the popular rendition of "Hallelujah"?


heh, nice twist on the joke. There's an actor, a singer, a writer and if you include a slight difference between Sacha and Sasha, a figure skater.
 
2012-04-30 12:02:55 PM
What's the surprise? He robbed a bunch of celebrities.

meanmutton: Like Jeff Skilling, who got 24 years after Enron?

He's in a low security prison sentence and afaik his criminal felony convictions are not going to render him the same inconveniences as other felons facing things like disenfranchisement and legal discrimination.

Don't get me wrong, I'm happy that farker is doing time, but even after a couple rejected appeals I don't see that guy serving the kind of sentence he deserves.
 
2012-04-30 12:02:56 PM
Sock Ruh Tease: spentmiles: Congenital? Was he selling fake penises and faulty vaginas to celebrities?

And why isn't the plural of vagina, vaginas? How would I point out numerous vaginas?

I've been a gynecologist for 15 years, with previous experience as a pediatrician and an adult movie director. I can say with certainty that the plural of vagina is vaginae, and you don't point out numerous vaginae, you stick your pointer finger in them.


As a cunning linguist, I should point out that both forms are correct.
 
2012-04-30 12:06:39 PM
<b><a href="http://www.fark.com/comments/7078598/76552918#c76552918" target="_blank">Magorn</a>:</b> <i>30 years for a white-collar thief? DAMN he must have ripped off the prosecutors grandmother or something. And for those unfamiliar with federal prison rules, there is no such thing as probabtion anymore in the federal system and when your time is up in the decade-plus range you are ineligible for the "country club" minimum security prisons</i>

Cohen. Enough said.
 
2012-04-30 12:11:07 PM
He and his family are Jewish, he ripped off black hollywood 1%er's, he's white, most of the people he stole from are FOCKO's (friends of child king obama) and the trial was in san francisco. He's looking at some SERIOUS jail time.
 
2012-04-30 12:16:44 PM
Launch Code: He and his family are Jewish, he ripped off black hollywood 1%er's, he's white, most of the people he stole from are FOCKO's (friends of child king obama) and the trial was in san francisco. He's looking at some SERIOUS jail time.

Bingo.

And I am sure he fed them the bullshiat not to trust "whitey". "We minorities should stick together"
1.bp.blogspot.com

Live and learn.
 
2012-04-30 12:18:18 PM
markb289: Yeah and Bernie Madoff gave to charity too. So what.

There is no reason that those who steal millions should get off lighter than serial shoplifters.


At worst, a serial shoplifter's going to get a couple of months in the county lock-up, unless they steal something valuable enough to qualify as grand larceny. This guy will not do hard time. The prosecutor is pipe-dreaming. This guy was able to rip off celebs only because they are dumbasses.
 
2012-04-30 12:19:53 PM
Everybody in here pointing out he ripped off the rich and powerful got it in one. Even the language of the article shows the classism in our society; the first mention of him in the headline is "conman", never mind he hardly even approaches the level of most of the crooks running the financial industry in this country.
 
2012-04-30 12:22:20 PM
"...decorated the house with copies of famous paintings from Picasso, Miro and Matisse and other noted artists."


Very nice.

I have a house on the market that is filled to the brim with flawlessly forged artwork. Picasso, Jacob lawrence, Bearden, Christo, O'Keefe, shiat like that.

People believe what they want to believe.
 
2012-04-30 12:25:09 PM
Launch Code: "He and his family are Jewish, he ripped off black hollywood 1%er's, he's white, most of the people he stole from are FOCKO's (friends of child king obama) and the trial was in san francisco..."

That whole post is just.... man... bravo. Truly inspired stuff.
 
2012-04-30 12:26:06 PM
You can't make this kind of bullshiat up.
Well, actually yes, you can.



Stacey Cohen is a billionaire.
She's also a philanthropist, lifestyle guru, actress and author. And while her charities are uppermost in her mind, she notes that just as a business venture seeks return on an investment, philanthropy does to.

"You want to make sure society benefits," says Cohen, who believes that her giving "makes her feel wealthy in her heart."

Modern philanthropy is results-oriented; it seeks answers in a short period, especially concerning such dreaded diseases as AIDS, declares the author, whose latest venture is the fast-selling The Kosher Billionaire's Secret Recipe. In the book, she offers up sumptuous kosher gourmet recipes, menus and wines that have become a regular part of her life -- including spirituality.

She describes that lifestyle as "wondrously healthy and spiritually connected."

Her book is near the top of the Jewish best-sellers on Amazon under the topic "Religion and Spirituality."

While living in California, she was introduced by friends to Mouli Cohen, a high-tech and biotech business tycoon. They married. Mouli, an Israeli, has been very successful; his startups have created more than $3 billion in shareholder value.

In recognition of his ability to generate mega investments in the U.S. economy and alternately create thousands of jobs, Mouli was awarded the first-ever "Millionaire Residency," with full citizenship status provided by President George H.W. Bush.

Stacey Cohen is president and founder of Stacy Cohen Lifestyle Inc., whose mission is to create a healthy, happy and successful life for others. She earned her bachelor's degree in public relations from Southern Methodist University.

Her first novel, The Last Train from Paris, which is loosely based on the real-life adventures of the Spanish painter Joan Miró, is soon to be released.

After undergoing an Orthodox conversion, she took up causes helping others. Not only do she and her husband "live a kosher lifestyle," but they are very involved in tzedakah.

"Altruism -- giving of yourself either materially or emotionally -- can have a profound effect on the heart, both literally and figuratively," she writes in The Kosher Billionaire's Secret Recipe.

"Studies have repeatedly shown that people who volunteer their time or are actively involved in giving may have reduced blood pressure and cholesterol levels, may experience a greater sense of personal calm and peace, and may have better interpersonal relationships with those they love."

And "if you want to change the world, start by changing the life of a child," say both Cohens. She supports the Jewish Family and Children's Services in San Francisco, which provides a safe house for abused mothers and their children, as well as delivering kosher meals to homebound seniors and AIDS patients.

She visits Israel at least once a year, and supports groups there and in Russia that enhance Jewish education.
 
2012-04-30 12:36:34 PM
 
2012-04-30 12:50:12 PM
he should have gotten some sort of credit for the people he defrauded
 
2012-04-30 12:51:24 PM
OUTRAGEOUS! He only bulked them for 60 million! Throw the book at him. We only go soft on those who do billions of dollars worth of fraud and embezzlement.

/po' some OE out for my boy Bernie
//Next time, Bernie, don't say "make my numbers look good" and leave it at that
///always add, "within the law."
 
2012-04-30 12:52:43 PM
My heart bleeds for the Madoff ponzi scheme losers who never questioned their year after year 3x the market rate of return without a shred of paperwork being offered.
 
2012-04-30 12:53:39 PM
 
8zo [TotalFark]
2012-04-30 01:02:31 PM
sharkbeagle: My heart bleeds for the Madoff ponzi scheme losers who never questioned their year after year 3x the market rate of return without a shred of paperwork being offered.

Madoff "investors" got monthly statements mailed to them, much like the biennial statements you receive from Social Security.
 
2012-04-30 01:09:01 PM
No one noticed the headline is wrong? The $60b is the fine. He only stole 35.
 
2012-04-30 01:10:15 PM
b -> m all this talk of billions blah
 
2012-04-30 01:11:00 PM
DavidVincent: ......Cohen spent $6 million of investors money on private jet rentals, hundreds of thousands of dollars on jewelry, vacations and expensive cars and $15,000 a month to rent a lavish home in Belvedere, California all while reporting "almost no income on his tax returns" and "paid zero taxes."

Gives him secret rich guy 'spect knuckles:

speaktoall.files.wordpress.com
 
2012-04-30 01:31:37 PM
Golly, I see our favorite Stormfront fanboy is in here tootling his dog whistle about teh jooz and blackz. How unexpected!

(Plenty of financial crooks get off easy. Doesn't mean they should. The jackass in TFA is no exception.)
 
2012-04-30 02:57:08 PM
The embezzler should have paid vig to the politicians. One needs permission to operate on someones else's patch.
 
2012-04-30 03:14:34 PM
Yes as through this life I've rambled,
I've seen lots of funny men,
Some will rob you with a six gun,
Some with a fountain pen.

And as through your life you travel,
Yes as through your life you roam,
You will never see an outlaw,
Drive a family from their home.
 
2012-04-30 03:19:30 PM
Inchoate: Golly, I see our favorite Stormfront fanboy is in here tootling his dog whistle about teh jooz and blackz. How unexpected!

(Plenty of financial crooks get off easy. Doesn't mean they should. The jackass in TFA is no exception.)


That's not a dog whistle, that's a farking airhorn.
 
2012-04-30 03:24:15 PM
"A 30 year sentence is excessive for a 53-year old first-time offender, who has a long history of selfless acts and entrepreneurial innovation"

About that "entrepreneurial innovation" bit. Can we get the court to sentence his lawyer too?
 
2012-04-30 03:36:53 PM
He's a Cohen. Look them up. A very special last name indeed.
 
2012-04-30 03:39:04 PM
CrazyCurt: He's a Cohen. Look them up. A very special last name indeed.

everybody knows....
 
2012-04-30 03:43:56 PM
foxyshadis: Inchoate: Golly, I see our favorite Stormfront fanboy is in here tootling his dog whistle about teh jooz and blackz. How unexpected!

(Plenty of financial crooks get off easy. Doesn't mean they should. The jackass in TFA is no exception.)

That's not a dog whistle, that's a farking airhorn.


Odd - I had interpreted that sound as wet flatulence, personally.
 
2012-04-30 04:39:53 PM
Inchoate: I see our favorite Stormfront fanboy

Which one?
 
2012-04-30 05:37:51 PM
Just another crook with a fatal dose chutzpah.

■Prior Allegations of Fraud - A review of civil litigation filings where Mr. Cohen either resided or worked identified more than 20 lawsuits against him dating back to the 1990's. They include two lawsuits from 2003 and 2004 which contained fraud allegations against Cohen that are nearly identical to the recently-filed criminal indictment. A more in-depth review of the those litigation filings would have uncovered allegations that Cohen was not the successful entrepreneur with a self-reported net worth of over $40 million and was Ecast not close to finalizing any merger deals or financing agreements with Microsoft.
■Failed Business Venture - Over the past several years, Cohen has issued numerous press releases and online posts relating to his many ventures claiming that he was "one of few to have success in biotechnology and high technology" which has "generated well over $3 billion in shareholder value." However, Cohen failed to disclose that just prior to his affiliation with Ecast he was president and CEO of Playnet Technologies which filed for Chapter 11 bankruptcy in June 1998. According to a 1997 SEC filing, Playnet Technologies had $819,894 in revenues for the period of 1990 through July 1997 and a net loss of $170,561 for that same period.
■Conspicuous Consumption - In August 2002, the San Francisco Chronicle reported that Mouli Cohen had 30 guests at his multi-million dollar Belvedere residence "to celebrate the completion of his new house." However, subsequent investigation disclosed that Cohen never actually owned this property. The residence had been owned by a Lawrence and Karen Drebes, founders of desktop.com, since the late 1990's. In addition, Cohen often self-promoted himself via videos on YouTube discussing fine art and philanthropy painting the "trappings of success." Cohen also posted various photographs of himself on one of his many social networking websites taking pleasure on yachts, ski vacations, and beautiful beaches all while giving projecting an image of vast wealth to potential investors who may decide to "Google him."
■$450,000 Owed in Federal Tax Liens - On October 22, 1998 a $150,627 federal tax lien was filed against Cohen in New York and on February 27, 2001 a $313,592 federal tax lien was filed against Cohen in San Francisco. Additionally, the New York State Tax Commission filed a $40,492 judgment against Cohen on December 2, 1999.
■"Millionaire Residency" Status - Multiple press releases published by Cohen disclosed that he "was awarded the first-ever 'Millionaire Residency' with full citizenship status by President George H. Bush." Unfortunately for Mr. Cohen, as far as we can tell, there is no such thing as a "Millionaire Residency" status. A simple Google search of the term "Millionaire Residency" does identify multiple results, but upon further review, nearly all of them relate to Cohen and his self-promoting.
■Inconsistencies in Cohen's Professional History - There are multiple inconsistencies with Cohen's self-reported employment history on his LinkedIn profile as compared to his reported work history to the SEC. Specifically, his online profile page indicates that he was Chairman and CEO of "Aristo International" from 1980 and 1982, while SEC filings indicate he was affiliated with Aristo International (which later became Playnet Technologies) from 1990 through 1998. In addition, he self-reports that he was Chairman and CEO of "Lamia Enterprises" from 1982 and 1984, while according to SEC Filings he was affiliated with Lamia from 1989 through 1991. While date inconsistencies with a person's reported employment history may not necessarily be a clear indication of fraud, numerous and significant inconsistencies do raise a red flag and should be grounds for further inquiry.
■Multiple Aliases - A review of litigation filings and other publicly-available documentation identified multiple aliases for Mr. Cohen over the past 10 years including: Mouli Cohen, Shmuel Cohen, Shmual Cohen, Schmual Cohen, Samuel Cohen and Moli Cohen. Although the multiple name variations are not significant in and of themselves, it raises the possibility of accusations against other aliases, which he could have been looking to hide.



I wonder what mrs. Cohen will do with her life. Will she still continue to live the Billionaire Kosher Lifestyle? I would imagine she still has plenty of good miles left on her. Maybe she will land with another tech billionaire. She's already converted to Orthodox Jew. Will she have to convert to Catholicism for her next husband?

Maybe her next book will promote the Billionaire Christian Lifestyle. Oh wait.
 
2012-04-30 05:41:20 PM
www2.macleans.ca
 
2012-04-30 05:57:35 PM
Now let's do the same to the banksters who have defrauded people out of BILLIONS. They're still running free.
 
2012-04-30 06:40:45 PM
DavidVincent: I wonder what mrs. Cohen will do with her life. Will she still continue to live the Billionaire Kosher Lifestyle? I would imagine she still has plenty of good miles left on her. Maybe she will land with another tech billionaire. She's already converted to Orthodox Jew. Will she have to convert to Catholicism for her next husband?

Maybe her next book will promote the Billionaire Christian Lifestyle. Oh wait.


LOL it's because Jews are greedy amirite?

Get over yourself and get off the internet.
 
2012-04-30 08:07:33 PM
Chagrin: CrispFlows: Any relation to Sacha Cohen?

Isn't that guy that sang the popular rendition of "Hallelujah"?


No, no, it's the guy who sang the Chaka Khan song. You're thinking of Spock.
 
2012-04-30 09:30:18 PM
lennavan: meanmutton: Boris S. Wort: Yeah, wake me when a crooked CEO or politician gets this kind of time.

Like Jeff Skilling, who got 24 years after Enron?

Boris was a silly pants for not reading the article, since the article clearly used Jeff Skilling as an example, which is why you were able to come up with that reply.

You are a silly pants for not recalling the point of bringing Jeff Skilling up in the article was that he was a crooked CEO who took down an entire corporation losing 20,000 jobs, and BILLIONS for investors didn't even get 30 years yet this guy on the hook for $60 million is headed for 30.

So in refuting his point, you brought up the perfect example to support his point.


You're silly to assume that Cohen's going to get thirty years, that's just what the prosecutor wants him to go away for. Prosecutors ask for lots of things, it's up to the judge to make the decision.
 
2012-04-30 09:36:21 PM
meanmutton: TheManofPA: Wait a second.....that guy is WHITE and they are going to give him that penalty? Did I bang my head and end up in one of those fringe parallel worlds?

No, you're just a farking idiot.


Hang on, give him a chance, this universe might actually be parallel to his universe. TheManofPA, we are a democracy. The Nazi's did not win, we think Hitler was a mean ol' poopyhead, and there are no bases on the moon.

/may've went crazy with the bolding
//we should totally have moonbases
 
2012-05-01 02:48:57 AM
This just goes so show you we give penalties to people who perpetuate money crimes on the rich worse than we do someone who kill someone. What an America!
 
2012-05-01 11:57:25 PM
Inchoate: DavidVincent: I wonder what mrs. Cohen will do with her life. Will she still continue to live the Billionaire Kosher Lifestyle? I would imagine she still has plenty of good miles left on her. Maybe she will land with another tech billionaire. She's already converted to Orthodox Jew. Will she have to convert to Catholicism for her next husband?

Maybe her next book will promote the Billionaire Christian Lifestyle. Oh wait.

LOL it's because Jews are greedy amirite?

Get over yourself and get off the internet.


No it's because she paid lip service to a religion so she could marry a billionaire scam artist.

This *particular* Jew is a greedy asshole. Sorry, but I find it highly unlikely that this gold-digger would have "felt the call" to convert to Judaism for a high school math teacher.
 
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