Former Dayton Insurance Agent and Investment Adviser Sentenced for Ponzi Scheme Targeting Elderly

DAYTON – Former Dayton-area insurance agent and investment adviser John Gregory Schmidt was sentenced today in Montgomery County Court of Common Pleas to serve five years in prison. A joint investigation conducted by the Ohio Department of Insurance and the Ohio Department of Commerce revealed Schmidt had been operating a “Ponzi” scheme for more than a decade and defrauded elderly consumers. Read full story

Brown Demands Details on VA’s Plan to Reduce Veteran Suicide During Vets Hearing

Brown is Pushing VA Officials to Get Veterans Support Needed After Years of Stagnate Suicide Rates

WASHINGTON, D.C. – During a Senate Veterans’ Affairs Committee hearing held last week, U.S. Senator Sherrod Brown (D-OH) pushed Department of Veterans Affairs officials to consider all factors contributing to veteran suicide rates.… Read full story

Alaska Man Sentenced to Prison for $750K Scheme

(MCCONNELSVILLE, Ohio) — An Alaska man is headed to prison for defrauding 15 victims out of money, property, and services valued at more than $750,000, Ohio Attorney General Dave Yost and Morgan County Prosecutor Mark Howdyshell announced today.

Andrew J. Jensen, 31, of Anchorage, was sentenced to eight and a half years in prison and was ordered to pay restitution to his victims.Read full story

New Projects Expected to Create More Than $139 Million in Investments

(COLUMBUS, Ohio)—Ohio Governor Mike DeWine and Lt. Governor Jon Husted today announced the approval of assistance for 10 projects set to create 1,559 new jobs and retain 1,788 jobs statewide. During its monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners.Read full story