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A flashy Las Vegas entrepreneur who became a billionaire at the height of the dot-com bubble was sentenced Friday to nine years in prison for stock fraud, capping a seven-year investigation that led to seven convictions.
Charles "Junior" Johnson was a flashy Las Vegas entrepreneur who was briefly a billionaire back in the days of the dot-com bubble.
A one-time dot-com billionaire was convicted Thursday of stock fraud and obstruction of justice after a court finding that he deceived investors in his Las Vegas software company.
A jury on Thursday found a former AOL executive and a former executive at a defunct Las Vegas software company were not liable for sham financial transactions in 2001 as federal regulators argued.
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