Danziger Et Al. v. United States

This is an appeal by J. M. Danziger and two corporations, Trinidad International Petroleum, Ltd., and Wake Development Company, from a conviction under twelve of seventeen counts of an indictment charging violations of the Securities Act of 1933, 15 U.S.C.A. ?? 77q (a) (1) and 77e (a) (2), and of the Criminal Code, 18 U.S.C.A. ? 338 (using mails to promote fraud). The final count charged a conspiracy to commit the offenses set out in the first sixteen. Danziger was sentenced to prison for fifteen months on each of the twelve counts, the sentences to run concurrently, and the corporate defendants were sentenced to pay a fine of $200 on each of the twelve counts.