You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Courts

  • Guilty plea filed in near-record marijuana haul
    A 51-year-old Indianapolis man pleaded guilty in U.S. District Court, admitting to dealing large quantities of marijuana shipped in appliances.
  • City to pay $15,000 in police shooting
    The city of Fort Wayne will pay $15,000 to the estate of a man killed by police in late December 2010. Originally filed in Allen Superior Court, the lawsuit was transferred to federal court.
  • Warsaw printer accused over firing
    The Indiana Civil Rights Commission found probable cause that a Warsaw company discriminated against a pregnant employee. According to a press release issued Friday, the Warsaw location of R.
Advertisement

Suspended sentence for securities fraud

A Fort Wayne man pleaded guilty to committing securities fraud last week in Allen Superior Court.

Randy Ridenour, 49, of the 9500 block of Yellow River Road, was charged in March with the crime, accused of bilking a single investor out of $34,342. He was also charged with theft.

According to court documents, Ridenour sold a fraudulent investment to Randall Striggle between January and December 2009.

Ridenour told Striggle he had an investment opportunity that would pay a 23 percent annual return over a two-year period, with monthly dividend payments of $1,000.

Striggle removed $37,342 from an investment account with a brokerage firm and gave it to Ridenour to invest.

Under the terms of a plea agreement entered Nov. 16, Ridenour will be given a suspended four-year prison sentence and ordered to pay $22,642 in restitution. The charge of theft will be dismissed, according to court documents.

rgreen@jg.net

Advertisement