2 men sentenced in fraud scheme

TULSA, Okla. (AP) - Two men have been sentenced to more than 20 years in prison after being convicted in a $4 million money laundering conspiracy and investment fraud case with international ties.

Sixty-one-year-old Joseph L. Thornburgh of Mounds was ordered Friday to serve 24 years in federal prison. Another man, 59-year-old Steven Fishman of Corona, Calif., was given a 21-year sentence.

The two were convicted in June as part of a case involving the sale of 19th-century railroad bonds and 100-year-old Chinese bonds.

Four men were indicted in the scheme. Robert W. Searles of Loudon, Tenn., faces up to 10 years in prison when he's sentenced Nov. 24. A fourth man, Wayne Davidson of Wanganui, New Zealand, remains at large.
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Information from: Tulsa World, http://www.tulsaworld.com

(Copyright 2009 by The Associated Press. All Rights Reserved.)


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