Call Now For a Free Consultation:
(614) 532-4576
Nationwide Representation

Pamela Hass Charged With 10 Counts of Wire Fraud, 11 Counts of Money Laundering

A U.S. Attorney for the Western District of Wisconsin recently announced the unsealing of an indictment charging an investment advisor with 21 counts of wire fraud and money laundering. 

An investment advisor from Tomahawk, Wisconsin has been charged with 21 fraud-related counts. Last week, John W. Vaudreuil, U.S. Attorney for the Western District of Wisconsin, announced the unsealing of the indictment against Hass that includes 11 counts of money laundering and 10 counts of wire fraud. Included in the indictment was a forfeiture allegation that seeks more than $460,831.27 in criminal proceeds.

About the Allegations

The indictment accuses Hass of running a fraud scheme involving internet pop-up advertisements. Allegedly, Hass made promises to investors that they would see returns from five to 20 percent on the pop-up ad investments. Hass also allegedly promised that, should the investments fail, she would personally give back the original cost of the investment plus seven percent interest.

According to the indictment, not only was there no pop-up ad investment opportunity, but Hass took all her investors’ money and used it to pay for her personal expenses. To cover up her scheme, the indictment accuses Hass of giving false reports to investors, claiming that their payouts were “coming soon” and even that they would receive a bonus as compensation for delays.

Hass is currently on house arrest awaiting her arraignment, which will take place on June 17. Hass faces up to 20 years’ imprisonment for each count if convicted. She also faces fines of $250,000 for each count of wire fraud and $500,000 for each count of money laundering.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

Share This Story
If you found the information provided by this article useful, consider sharing to your social media channels to help others in their search for reliable resources.
Consult with Our Legal Team
There is never a cost associated with a consultation
Atlanta Office

945 East Paces Ferry Road, Suite 2275
Atlanta, GA 30326
Columbus Office

305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

4781 Richmond Rd.
Suite 400
Warrensville Heights, OH 44128
Bloomfield Hills Office

41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram