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Posts tagged: securities fraud

DBSI chief, 3 executives indicted

A federal grand jury in Idaho has indicted the former president and three top executives of a failed Boise-area real estate company on charges that they misled investors and conspired to dupe them out of millions of dollars during the economic downturn, the Associated Press reports. Assistant U.S. Attorney Wendy Olson announced the indictment Wednesday against Douglas L. Swenson, who was the founder and president of DBSI Inc. and a group of other related companies; click below for a full report from AP reporter Todd Dvorak.

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Betsy Z. Russell covers Idaho news from The Spokesman-Review's bureau in Boise.

Named best state-based political blog in Idaho for 2013 by The Fix

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