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November 25, 2008
The trial of the former Evergreen President David B. Willan includes a new twist from Willan’s attorneys. They claim that a raid on the business two years ago is the reason the company failed to pay its investors, not fraud.
The attorney that represented Willan at the time of the raid testified that the company was left with nothing but a shell of an office, that all client records were gone, leaving the company without a record of whom to pay what.
Willan is on trial for securities fraud, aggravated theft, theft from the elderly and other financial crimes. Prosecutors said investors were bilked of millions of dollars by Willan.
Read story at Beacon Journal
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