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San Diego pair must pay up to $20 million in fraud scheme aimed at seniors.
Byline: Dean Calbreath
Jul. 23--A father-and-son sales team yesterday was ordered to pay up to $20 million in restitution and penalties for peddling "death benefit" investments in a San Diego fraud scheme targeting senior citizens.
Robert N. Shearburn and his son Robert L. Shearburn were fined for their role in a fraud scheme pioneered by San Diego resident Carmen L. Palmieri.
At the conclusion of a separate criminal case in January, Palmieri was sentenced to 30 years in prison after pleading guilty to defrauding 191 investors.
Susie Wong, spokeswoman for the California Department of Corporations, said Palmieri was told to pay $14.5 million in restitution to the victims and $5 million in penalties, and yesterday the senior Shearburn was held liable for the same restitution and $4.9 million in penalties.
- Palmieri plays jazz with a Latin touch.
- Newspaper article from: Baltimore Sun (Baltimore, MD) December 20, 2006 700+ words
...powerhouse of Latin jazz and salsa, Eddie Palmieri was fired from a band for hitting the...best thing that ever happened to me," Palmieri, 70, said in an interview yesterday...rumba, cha cha, guaracha," said Palmieri, who is scheduled to play Friday and...
- Palmieri Still Brings Dancers to Their Feet
- Transcript from: NPR Weekend Edition - Sunday October 16, 1994 700+ words
...years, composer and band leader Eddie Palmieri has been electrifying audiences with...report. [music] HOWARD MANDEL: Eddie Palmieri, at age 58, is dapper, trim and...s devoted his life. [music] EDDIE PALMIERI: I don't guess that I'm going to...
- Palmieri, Eddie
- Reference information from: Contemporary Musicians Taylor, B. January 1, 1996 700+ words
Eddie Palmieri Percussionist, pianist, composer The...of “ Salsa ” Eddie Palmieri, also known as “ The Latin...drum-anchored improvisational salsa. Palmieri is often credited with creating modern...
- Remembering CHARLIE PALMIERI Part II.
- Magazine article from: Latin Beat Magazine Salazar, Max September 1, 1999 700+ words
...of Dominican descent, became Charlie Palmieri's timbalero. When trumpeter Mario...solos on flute. Before 1958 was over, Palmieri's ten piece orchestra, "La Duboney...band's appealing sound and persuaded Palmieri to record North-American pop favorites...
- Eddie Palmieri to be Honored as Chubb Fellow.
- Press release article from: M2 Presswire April 2, 2002 700+ words
...April 2002-YALE UNIVERSITY: Eddie Palmieri to be Honored as Chubb Fellow (C)1994...Conn. -- Famed salsa musician Eddie Palmieri will visit Yale University as a Chubb...Auditorium. The Chubb Fellowship is honoring Palmieri for his contributions to Latino culture...
- Looking for the perfect beat; Latin jazz legend Eddie Palmieri returns with new...
- Newspaper article from: The Boston Herald Katz, Larry July 31, 2002 700+ words
Eddie Palmieri knows he's going to excite you. He...areGUARANTEED TO EXCITE!" The New York-born Palmieri, 65, gets excited just talking about...years after he disbanded La Perfecta, Palmieri decided to do something he never expected...
- Palmieri defends MBL plan during court hearing. (Victor Palmieri defends...
- Magazine article from: National Underwriter Life & Health-Financial Services Edition Connolly, Jim February 8, 1993 700+ words
TRENTON--Victor Palmieri defended Mutual Benefit Life's rehabilitation...deputy rehabilitator and CEO. Mr. Palmieri faced vigorous questioning from creditors...existence. During questioning, Mr. Palmieri asserted that under law, he developed...
- Palmieri to head Mut. Benefit; Met bows out. (Victor Palmieri; Mutual Benefit...
- Magazine article from: National Underwriter Life & Health-Financial Services Edition Connolly, Jim August 26, 1991 700+ words
Palmieri To Head Mut. Benefit; Met Bows Out Victor Palmieri, a specialist in reorganizing troubled companies, has...Jersey insurance department officials said that Mr. Palmieri would assume the deputy rehabilitator's post immediately...