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Fayetteville investment banker faces guilty verdict in $18M fraud case

A guilty verdict on all 12 counts at his jury trial was not the resolution the 55-year-old Fayetteville investment banker was expecting on Aug. 31, 2023.

FAYETTEVILLE, Ark. — Nearly two years ago, John Nock professed his innocence after his arrest in the wake of a 12-count federal indictment for criminal fraud. In that same brief telephone interview with Arkansas Business, Nock said “it will all be resolved.”

A guilty verdict on all 12 counts at his jury trial was not the resolution the 55-year-old Fayetteville investment banker was expecting on Aug. 31, 2023.

“These offenses stem from the defendant’s role leading an extensive international wire fraud and money laundering conspiracy over eight years that involved more than $26 million in intended losses and caused more than $18 million in actual losses,” the government noted in its sentencing memorandum filed publicly on Jan. 25.

To read more about the verdict our content partner, Arkansas Business has the full story here

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