Last public testimony from Knabb & more........
Jasper Knabb's final words as a free fraudster before sentence was handed down, part of his jaw is still on the federal courtroom floor after J. White sentenced him to 21 years and more..........
Page 108 of the sentencing transcript:
2 THE DEFENDANT: THANK YOU, YOUR HONOR. ON A PERSONAL
3 NOTE I'D LIKE TO THANK YOU FOR YOUR ALL YOUR PATIENCE IN THIS.
4 EXTREMELY COMPLICATED FACTS.
5 YOUR HONOR, I STAND BEFORE YOU, I KNOW PROBATION AND
6 MANY PEOPLE HAVE QUESTIONED MY REMORSEFULNESS, AND I AM SORRY
7 FOR THIS CONFUSION, BUT I WANT EVERYBODY TO KNOW I'M TRULY
8 SORRY FOR THE CRIMES THAT I COMMITTED. AND THE HARM THAT I'VE
9 CAUSED FOR ALL THE PEOPLE.
10 I HAVE TAKEN RESPONSIBILITY. I'VE TAKEN
11 RESPONSIBILITY FOR ALL MY ACTIONS AND I CONTINUE TO DO SO. I
12 WILL DO EVERYTHING I CAN TO MAKE FULL RESTITUTION TO ALL THE
13 VICTIMS IN THIS. THANK YOU.
Judge White speaking - page 110:
5 THIS IS A DEFENDANT WHO LIVED HIGH ON THE HOG WITH
6 OTHER PEOPLE'S MONEY. SOMEBODY WHO USED GULF STREAM JETS,
7 YACHTS, FERRARIS, ROLEX WATCHES, AND THE -- YES, THE DEFENDANT
8 HAS TAKEN RESPONSIBILITY FINALLY, AND UNDER THE GUIDELINES
9 BARELY, BUT HE'S STILL HAS -- HE STILL -- THE THRUST OF
10 EVERYTHING THAT HE WAS SAYING, THE MOST OF WHAT HE WAS SAYING,
11 THERE ARE OTHER THINGS AND OTHER PEOPLE RESPONSIBLE FOR HIS
12 ACTIONS AND HE'S TOO SMART, TOO SOPHISTICATED TO WILLEY FOR THE
13 COURT TO BELIEVE ANY OF THAT.
14 I THINK, BASED UPON MY REVIEW OF THE ENTIRE RECORD
15 THAT THE TOTAL LOSS IN THIS CASE MAY NEVER BE CALCULATED DUE TO
16 THE SOPHISTICATION OF THE SCHEME.
17 I GIVE VERY LITTLE CREDIT TO WHAT THE GOVERNMENT HAS
18 DONE BECAUSE I DON'T THINK THEY HAVE ADEQUATELY, ACCURATELY,
19 AGGRESSIVELY PURSUED THE MONEY THIS MAN STOLE FROM THESE
20 PEOPLE.
My editorial note;
This isn't all Federal Judge White had to say about the attorneys for U.S. Department of Justice and the Securities & Exchange Commission. The comments on public record for the most part were all uncomplimentary even before sentencing.
