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He will serve 8.5 years with good behavior.
He is in jail now. He won't be getting out for 8.5 years.
Moran gets 10 years. Video here.
https://m.facebook.com/story.php?story_fbid=858099008367426&id=266781753399687
Marco sentencing continued. Will testify against co-conspirator Wade Walters. Trial scheduled for January 2020.
For updates on Marco the Moron see Hattiesburg Patriot Facebook.
Marco buddy gets 10 years. He is a goner.
Thomas Spell, a pharmacist working with Medworx, was the first of the group to plead guilty (summer 2018) and cooperate. He was sentenced today in federal court in Hattiesburg. Marco made the same plea deal as Spell. Given the amount of money ($240 million in fraudulent billing) the sentencing guidelines recommended over 30 years. However the count Spell pleaded guilty to had a maximum of ten years. Judge Starrett gave Spell the maximum. Marco is very likely to get ten years. Here are links to Spell arriving in court, and the post sentencing broadcast.
Spell arriving in court
https://m.facebook.com/story.php?story_fbid=2336569513321362&id=266781753399687
Post sentencing
https://m.facebook.com/story.php?story_fbid=1498700603602011&id=266781753399687
Huge Run? You mean Marco running to prison?
Marco looking at 10 to 20 years with NO MORE continuance. Hattiesburg Patriot News Medianwill report live from Federal Court when Judge Starrett sentences this low life conman to Federal Prison. Starrett DOES NOT PLAY with health care fraudsters. Moran is going to PRISON. Take that to the bank, just as Marco has done with your money.
Lil Marco squealing to feds
https://m.facebook.com/story.php?story_fbid=2388007881277053&id=266781753399687
Marco Moran and eight other defebdants have had their entencing continued, in lieu of cooperation, until October 30th and 31st.
While the defendants may no longer be in their church's choir, they are singing in the FBI's; hence the continuance. Who's next? #CreamScheme
Marco Moran of Raymond; Jason May of Hattiesburg; Gregory Parker of Laurel; Brantley Nichols, formerly of Hattiesburg; and Thomas Spell Jr. of Ridgeland will be sentenced Oct. 31.
Read more here. https://www.hattiesburgamerican.com/story/news/crime/2019/06/27/sentencings-delayed-9-guilty-400-million-pain-cream-fraud/1582298001/
Moran is going to prison. Take that to the bank. He plead guilty to a charge that carries 10 years rather than go to trial and face 20 years. Moran is going to get a stiff sentence, likely between 7 and 10 years.
Moran's Pharmacist sentenced today to 16 months for making $21,000 in commissions from his sole marketer; which stemmed from $350k in fraudulent billing to TRICARE. The sentencing carried up to 30 months, but Judge Starrett gave Richmond a break for his cooperation and him taking responsibility for his mistakes. Richmond will be on probation for 3 years after his incarceration and must repay over $350,000 in restitution.
Prosecutors praised Silas K. Richmond for reaching out to prosecutors early on and helping them to "unwind" the fraud. Prosecutors even argued against the sentencing enhancements presented by the Department of Probation in Richmond's Pre-Sentencing Investigative Report. Judge Starrett told Richmond that he felt like he (Richmond) was a "stand up guy" and was sorry to see Richmond in this situation. Richmond received a 3 point 5k downward departure in his sentencing guidelines and threw out the 2 point enhancement categorizing Richmond as a "ring leader" in the fraud. Starrett opined this was not the case with Richmond.
Silas Richmond worked for Marco Moran, a pharmacist and CEO of Dewmar International, in the Jackson Mississippi area pharmacy. Moran plead guilty to over $12 million in healthcare fraud, but Moran also funneled over $5 million of the fraud proceeds from Medworx, LLC through a subsidiary of Dewmar, which let to a spike in stock price. Marco Moran is scheduled to be sentenced in March.
Moran's plea deal is clear evidence he is going to testify at the trial January 8th agains Hope and Randy Thomley.
CEO Marco Moran sentencing continued till 3.12.19
You clearly are not in touch with the Southern District of Mississippi Federal Court. Moran is going to jail for a long time.
Yes. Moran and his pharmacist Silas K Richmond are both being sentenced on November 27th.
Marco should convert the stock to lottery tickets. It's almost at a $billion.
Being third in a segment that is so minuscule no distributors want to carry it, is nothing to brag about. When was the last time you saw a relaxant drink in the gas station?
Pop goes the weasel...
Why? Because the Department of Probation and U.S. attorneys office is crawling up his backside. He cannot break the law. He will not press his luck.
Look at the labeling, not the invoice. FDA addressed labeling. While the product may not contain melatonin, look at ingredients on packaging.
Also, FDA addressed consumer food products named after street drugs.
Old stock with melatonin. Check the date. It's old stuff.
There is no inherant value in Dewmar. Stock is only trading on speculation and steaming piles from shills.
A new prison show "Little Marco & Big Bubba"
Didnt call investors losers. I called Dewmar a loser. Investors are victims, at least before his fraud was exposed. Those who invest after it was discovered deserve what they get.
Lol, Moran is going to prison for a long time. Be sure to watch live on Hattiesburg Patriot Facebook.
HPNM has conducted 14 interviews with investors and employees of Dewmar, requested numerous documented and emails from the FDA, and performed extensive background of partners and affiliates with Moran. There has been extensive analysis of stock spikes and dilution over the last six years. Be patient. When the Marcon story is published, you may actually learn something or think, "What the hell was I thinking buying this garbage stock from a con man?"
Wrong! They are sold as supplements, not consumer food products. No wonder you invested in this Marcon.
Moran is already going to jail. People are talking to HPNM investigators and a rather comprehensive article is in the works. It will be published before he is sentenced.
Moran delivered Yella Brick Road of lies and fraud
Prohibited and banned are the same thing. Its prohibited from being put in consumer products ie banned from being put in consumer products. It's funny how Moran didnt check the laws on this before formulating an illegal consumer good and getting investors to plop down their hard earned cash for a "Yella Brick Road" of lies.
It will be for Moran when I'm there to film him live. Any questions you want asked?
What exactly is there to buy? Where is the value? They do not distribute any products anymore. The FDA bans melatonin in consumer products, so that wipes out Lean and Kush Cakes. The CEO is a convicted felon. That rules out any future in marijuana industry.Just curious what exactly are you buying?
$400 million in fraud in MS. Moran responsible for $22 million. Last week a nurse practitioner pleaded guilty to 1.2 million in fraudulent billing. She reportedly received $50k in kickbacks. She got 42 months. Her name is Susan Perry
Moran plead guilty of ripping off veterans of $22 million
Name one product that is currently owned or distributed by Dewmar right now.
Moran cannot post one document to prove he has shipped product in the last 6 months. He cant post one documents that shows Dewmar stockholders own Lean or Cushcakes. This guy is a con man. A convicted con man.
Moran led investors down the Yella Brick Road...
This Cream Scheme is far, far from over. It is really just getting started.
With Moran pleading guilty to one count, he can only be sentenced to 10 years. His fate would have been similar in fate to this former NFL pro player. Another pro football player was connected to the cream scheme. His name is Brett Favre. Ever heard of him?
Anyone who purchased stock after 2017 financials were public, please email editor@hattiesburgpatriot.com
You may have been the victim of stock manipulation using fraud proceeds contained in those financials.