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WILLIAMSPORT A former securities broker in Tennessee has admitted emailing false and forged documents as part of a scheme that misappropriated $5.7 million from the pension plan of a Centre County business.
John Sherman Jumper, 55, of Memphis, pleaded guilty Friday in U.S. Middle District Court to a charge of wire fraud.
The government has set the loss from the scheme at $2.7 million because the pension plan for hourly workers at Snow Shoe Refractories of Clarence was repaid $3 million.
The charge to which Jumper pleaded guilty involved an email he sent to the pension plan’s unidentified actuary in Harrisburg that contained false and fraudulent information.
Ex-securities broker admits misappropriating $5.7 million from a Pa. firm’s pension plan
Updated Apr 09, 4:46 PM;
Posted Apr 09, 4:46 PM
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John Sherman Jumper, 55, of Memphis, pleaded guilty Friday in U.S. Middle District Court to a charge of wire fraud.
The government has set the loss from the scheme at $2.7 million because the pension plan for hourly workers at Snow Shoe Refractories of Clarence was repaid $3 million.
The charge to which Jumper pleaded guilty involved an email he sent to the pension plan’s unidentified actuary in Harrisburg that contained false and fraudulent information.
He admitted falsely representing himself as a vice president of the refractory business that manufactures and sells fireclay and high alumina refractory brick and related products.
other. in washington the feeling is that the relationship in the past was broken because pakistan pursued interests and activities it knew were contrary to u.s. interests as in the nuclear program in the 1980 s and that washington would have to hold back. in pakistan it s felt increase i will that the united states is a fair weather friend and it has abandoned pakistan before and it will again. we see a similar tension here today in the relationship and discourse between the two, a concern that in fact the interests are contrary enough that there will be yet another separation. there are a number of elements of mutual frustration but again the point of mutual importance remains. therefore, it s worthwhile to try to explore ways of building shared purposes and understanding even if mutual trust is a little too much to expect now. there are few people better qualified to address these issues than former president pervez musharraf. he served in a pakistani army for more than 40
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