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UNITED STATES v. KING

No. 75 Cr. 70 (MEF).

442 F.Supp. 1244 (1978)

UNITED STATES of America, Plaintiff, v. John M. KING and A. Rowland Boucher, Defendants.

United States District Court, S. D. New York.

January 10, 1978.

Attorney(s) appearing for the Case

Robert B. Fiske, Jr., U. S. Atty., for the Southern District of New York, New York City; Paul Vizcarrondo, Jr., John R. Wing, Asst. U. S. Attys., New York City, of counsel.

Barrett, Smith, Schapiro, Simon & Armstrong, New York City, for defendant, John M. King; Michael F. Armstrong, New York City, of counsel.

Maloney, Viviani & Higgins, New York City, for defendant, A. Rowland Boucher; Andrew J. Maloney, New York City, of counsel.

OPINION

FRANKEL, District Judge.

On July 1, 1976, these two defendants were found guilty by a jury on all counts of an indictment charging a course of grossly fraudulent conduct entailing losses in the many millions of dollars to uncounted numbers of investors. On September 7, 1976, reckoning with a host of factors — inter alia, that these were first convictions, that there were favorable circumstances in both careers, that defendant King seemed...

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