Friday, February 10th, 2012

Fraud kingpin commits suicide in jail

0

A man convicted in a multimillion dollar investment fraud whose victims included pro football players has committed suicide in jail.
 
Kirk Wright hanged himself Saturday in the Union City jail, Betty Honey, an investigator with the Fulton County Medical Examiner’s office, said on Sunday.

Wright, 37, of Marietta, Ga., was convicted Wednesday of leading an investment scheme that bilked millions of dollars from clients ranging from NFL players to his mother.

Wright faced as many as 710 years in prison and a fine of up to $16 million. He already had been hit with a $20 million judgment as part of a civil lawsuit filed by the Securities and Exchange Commission.

Comments are closed.

571rht21