(photo from flickr user Tim Pearce, Los Gatos)
Nelson and Janet Hallahan, the Peoria couple who scammed almost $2 million dollars from investors and then went on the run for 12 years were sentanced to prison yesterday.
Nelson Hallahan will serve 22 years and his wife Janet will serve 16 for defrauding investors of $1.8 million dollars in 1999. The scheme promised investors greater returns than insurance policies and mutual funds.
They were convicted but failed to show up for sentancing in May of 2004. They then went on the run for 12 years where they were finally caught in Arizona this past May after being seen on America's Most Wanted. The couple was also ordered to pay $1,446,114 dollars to victims of the fraud scheme.