May 8, 2014
Las Vegas, NV - Nevada Attorney General Catherine Cortez Masto announced the sentencing of John J. Englehart, 67, of Las Vegas, in connection with the securities fraud scam involving a Las Vegas woman.
“Englehart lied to his victims and promised to invest their money, with no intention of following through,” said Masto.
Englehart was sentenced on May 6, 2014, by Clark County District Judge Valorie Vega, to 22-96 months in the Nevada Department of Corrections. Englehart was also ordered to pay $25,000 in restitution to the victim and $1,536 to the Nevada Secretary of State.
On or about November 2007 to August 2008, Englehart made misrepresentations regarding the nature of an investment and rate of return in a company named Mississippi Parts, LP and a company named “I-TECH-P” causing the victim to give Englehart $25,000 to invest on her behalf. Englehart took the money knowing there was no such investment opportunity. Englehart pleaded guilty to one count of securities fraud on March 4, 2014.
This case was prosecuted by Deputy Attorney General Sarah Overly of the Attorney General's Bureau of Criminal Justice.
|ENGELHART, JOHN J.
(Photo courtesy of Las Vegas Metropolitan Police Department)