2008-09-30

D.W. Heath & Associates Trial (re: Schlarmann)



From left, Daniel W. Heath, Denis O'Brien and John Heath are accused of bilking more than 1,600 investors, many of them senior citizens who turned over their life savings and retirement accounts. Investors put more than $192 million into what prosecutors contend was a Ponzi scheme.

D.W. Heath & Associates Trial

Figure in Heath investment scheme dies in prison

Case attorneys and a relative have confirmed that John W. Heath, 81, one of three men convicted in a $190 million investment fraud scheme, has died of cancer. Heath was diagnosed with terminal bone cancer last year and died in August.

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