Original subtitles

In this episode of American Greed, New Age evangelist Lydia Kladek says she can

awaken minds to untold riches.

But her promise of big returns buying up auto loans isn't just mystical, it's

unlawful. When these investors are really putting money in Lydia's pocket.

And even an army sniper can't defend himself against this greedy guru.

The threat is right there, wears a little dress.

wears a big smile, and that's the thread.

And later, South Carolina silver dealer Ron Wilson is sounding the alarm on the

U .S. economy.

Ron predicted essentially the end of the world.

Nearly 8 million investors hear his call and fork over $90 million to invest in

the red -hot metals market.

But when it comes time to collect, they find that they're the ones who've been

burned.

This guy was a slick snake oil salesman, except there was never even snake oil.

That's what makes it worse.

It's the spring of 2010 in St. Augustine, Florida.

And Staff Sergeant Kevin Crowell wants his money.

The Army sniper invested $50 ,000 with Lydia Kladek, a local businesswoman

who says she makes big profits buying auto loans.

But Kladek isn't making good on her promises.

When Staff Sergeant Crowell shows up at her office to demand his money in

person, he gets a cold welcome.

One gentleman after another came from the accounting side of the house, and

stood there with their arms crossed, and their most, I guess they were trying to

be opposing -looking.

If the accountants expect to intimidate Crowell, they're talking to the wrong

war veteran.

I've spent my entire life in the military dealing with tough guys all

world, so it's like this was fun.

As the exchange intensifies, the receptionist threatens to call the

And I said, that's a brilliant idea. Call the police.

Please call law enforcement and tell them you won't give me my money.

And then the tough guy with his arms crossed said in a very non -threatening

manner, no, no, no, that's not necessary.

We don't need to involve the authorities.

And I kind of wondered, I was like, why wouldn't you?

Why wouldn't you? If you are worried about me, why wouldn't you involve the

authorities?

By the time Staff Sergeant Crowell walks into Kladek's office, she owes

$113 million to investors throughout the United States. Her specialty auto

finance company has a collection of savvy clients, including seasoned

mutual fund managers, and multimillionaires.

But the cornerstone of her business is laid in living rooms.

like this one just outside of St. Augustine, Florida, where Jane Edney and

women's social group have biweekly gatherings.

It's just the wives, no husbands involved, and we sit around and have

and hors d 'oeuvres. That's it, every other week.

In 2000, the group welcomes a new resident to the club, Lydia Kladek.

I remember very well the first day I ever saw her. She was brought to our

because she had moved into the community.

She was a very quiet, unassuming lady, tiny, very small, and she

just looked helpless.

So I went over and talked to her. She was charming, just charming.

As Kladek integrates into the group, she eventually mentions that she owns a

company named Lydia Kladek Incorporated.

that has a way of turning car loans into gold.

She says that her company uses investor money to buy high -interest -rate auto

loans from car lots and then collects the payments on those loans.

According to Orlando attorney John Kane, it's an established business model in

the finance industry.

There are businesses that do it very successfully.

In fact, there are some major players who, you know, some large banks who do

very successfully. If you manage it right, I think that 10 % return is not

unreasonable.

Kladek says she can do better.

She says that by purchasing the loans and then servicing them, the 29 %

rates being paid by the car buyers will pay enough for her to earn a hefty

profit.

As well as pass along a 15 to 20 percent interest rate to the investor.

A lot of money put into that.

With the women's social group, she couldn't have found a more receptive

audience.

Here were 30 ladies, most of us either retired

widows in many cases, all of us fairly affluent, able to invest

money. And she made friends, and it was just like hitting the jackpot.

Edney makes a comfortable living leasing out a commercial property in Louisiana.

But in the late summer of 2005, a natural disaster leads to a

financial one.

When Katrina hit, it kind of wiped out some of my income because I had a

building in New Orleans, and it filled up with mud. And I knew it was going to

take a long time to get anything back from that building.

Edney takes $100 ,000 from her savings and brings it to Lydia Kladek's humble

offices in this converted house in St. Augustine, where Kladek promises her...

a 15 % annual return.

Her desk was two saw horses with a wooden door on the top, an unfinished

door, covered with papers and a big cat sleeping on one end of it.

Now, you've got to trust somebody that has that kind of a situation.

Before long, more than a dozen women in the neighborhood are invested with Lydia

Kladek Incorporated.

Every one of them is happy.

I got a beautiful check every month.

Didn't even think about it not being a perfectly honest, safe, secure thing.

Because when you knew Lydia, you trusted her. It was just that simple.

Lee Caesar agrees.

She is not a member of the neighborhood women's group, but also lives in St.

Augustine, where she suffers from emphysema.

She meets Kladek in the late 90s at a local New Age church.

Caesar says that Kladek embodies the church's message, that harmony with the

universe is the key to reaching each person's highest potential.

I never heard a bad word said about her. I never heard her say a bad word about

anyone. If something negative would happen, she would always turn it into a

positive.

Caesar invests all her savings in Kladek's business as she begins to

her retirement.

Then, in 2000, Kladek asks Caesar to start working at her company.

For Caesar, it's as if the stars had aligned.

I thought she was the best thing that ever happened in my life.

She was a good friend.

She was making me all kinds of money. She was very good to me.

I loved her dearly.

Soon after Caesar joins Lydia Claddock Incorporated, the company explodes in

size. By 2007, Claddock has raised $58 million from investors.

As word spreads outside of her church and women's groups to the movers and

shakers of St. Augustine, who in turn have connections all over the country,

moves her office from a cluster of converted houses to a new two -story

building.

It was an exquisitely done office, and that made us feel good. When she made

money, we made money.

Unfortunately, that's not just positive thinking, the way Klydeck runs her

business. It's wishful thinking.

In order to sustain the investment scheme, she would have to pay back 15 to

percent a month.

Although those car loans are earning interest at 29%, remember, it's not

into account the cost of repossession, the cost of employees, the cost of

management.

So it wasn't reasonable to expect a return of 15 % to 18%, and certainly not

guaranteed return of 15 % to 18%. There are very few guarantees in life, and

there are even fewer guarantees in investments.

But Kladek believes in turning negatives into positives.

even if it means engaging in fraud to do it.

When American Greed returns, Kladek's lifestyle seems to affirm her philosophy

and even gets an Army sniper to let his guard down.

In the military, we say you got the warming fuzzy, you felt good with it,

that's how it happened with me.

Hello, my name is Lydia Kladek, and I am the proud, happy, and grateful founder

of Lydia Kladek, Incorporated.

In St. Augustine, Florida, new age guru Lydia Kladek is running a seemingly

successful auto financing company that she built from the ground up. By the end

of 2009, she has more than 2 ,000 investors with over $100 million

And as this video she makes for her employees shows, she credits her success

the same philosophy in which she lives her life.

I wanted to have a company based on principles and values of how we know

can be and what life can be like to work together.

Unfortunately, Kladek's positive thinking isn't matched by her positive

It takes a lot of work to make sure that you know where those cars are at all

times, make sure your borrower doesn't disappear, make sure the car doesn't get

destroyed. All of those things need to be covered, and I think that's where the

business portion fell short.

Falling short is an understatement.

According to John Kane, who comes to represent the investors of Lydia Kladek

Incorporated, by the end of 2009,

Kladek is running a $90 million deficit.

Nevertheless, as long as she can convince new investors to have faith in

she can use their money to pay the interest on previous investments.

Listen with an open heart and see where your heart takes you.

Welcome to Lydia Kladek.

It even makes Kladek roll her eyes.

With her scam running at full force, bringing in tens of millions of dollars

year, she's siphoning off a big chunk all for herself.

It just seemed like there was a funnel above her house with money flowing into

it to fill the house with things.

Heather Soffeld begins working for Kladek as her personal assistant in

As Kladek moves into a new 5 ,700 -square -foot mansion in a gated

called Sea Colony.

It was beautiful. Arts and crafts style, custom stained glass, chandelier hung

in the front hall.

The lap pool flowed into a regular -sized pool. The highest -end things

I've ever seen.

Magnificent. Absolutely magnificent.

And I commended her. I said, how wonderful.

I was looking around in awe, and I said, how did you do this? And she just said,

one foot in front of the other.

That was her answer.

We have within ourselves the ability to create the life that we desire.

It did kind of have a weird vibe because it did make you wonder, how are these

people this happy? They're at work. That was a bad day right there.

Kevin Kroll is the recipient of the Purple Heart.

and two combat infantry badges as a staff sergeant for the U .S. Army.

After serving a year as a sniper in Iraq, where he was hit by roadside bombs

five separate occasions, he now lives in St. Augustine, where he suffers from

post -traumatic stress disorder and struggles to deal with everyday civilian

life.

It's the hardest thing ever. The transition is unbelievable because

from In an environment where you have to survive, you have to trust your buddies

to coming back to not so much focus on how I'm going to get through today and

hopefully I'll see the sun come up tomorrow, but how am I going to provide

my wife? How am I going to make ends meet?

He thinks those questions may be answered when his wife hears about a

investment opportunity called Lydia Kladek Incorporated.

We met with Lydia.

We stressed to her how hard the money that we had, you know, how we saved it

from being in the desert, saved it from my deployment.

She confided in us that, you know, she understood and she would take good care

of us.

He takes $30 ,000 he saved risking his life in the deserts of the Middle East

and hands it over to Lydia Claddock.

With it, he hopes he can now have the security he believes he's earned.

The way I looked at it was, I fought for my life for that money, for that future

of a life that we could sleep well at night knowing we had money in the bank.

For two years, Kroll and his wife get their interest payments every month,

on time.

But in December of 2009,

Their payment comes in late.

The following month, it's even worse.

January rolled in, no interest payment.

And that's when I started questioning things, and I got nervous.

And I called the company up again, and they said it'll be there as soon as it

can.

It never happened.

When American Greed returns,

Lydia Kladek's business isn't the only thing disintegrating. It appears her

mental state is as well.

She started to act very strange. She was doing weird things.

She was chanting.

By

the

end of 2009, Lydia Kladek's fraud is reaching its end.

She's been promising and delivering 15 % interest on thousands of people's

investments over the past decade.

But she can't keep up with the payments anymore.

It appears the pressure is taking its toll.

She didn't act stressed.

What she did was act strange.

She had meetings that I was told five minutes of business and the rest were...

If you asked her a question, she would just fold her arms and smile at you

without any words.

If that was an act, I don't know. Or maybe she was going off the deep end. I

don't know.

Yeah, that's right. She couldn't get out of it. She was too far in debt.

Jane Edney has $100 ,000 invested with Kladek for nearly four years.

In the fall of 2009, she and several women from their group don't get the

monthly interest payment they've become accustomed to.

Kladek comes to the group's next meeting and urges patience.

Give her a chance. She'll build it back up. See, we believed.

Boy, did she do a job on us. She was just sitting there so timid, and

that was her way.

You just felt sorry for her.

You didn't know she was stealing you blind when she was being so sweet.

Eventually, enough people don't receive their payments, and they get law

enforcement involved.

In the spring of 2010, the FBI raids Kladex offices, and most everyone

in St. Augustine knows about it.

I stood out there, and I cheered them on. I cheered them on.

I think I even offered them if they needed coffee, I'd go get it for them so

they could stay up late and work all night.

But not all observers are so excited to see the FBI.

Her supporters are out there, her people that go to her church.

They're all defending her, saying she's a wonderful person and we're evil, we're

mean for saying bad things about her.

I don't personally have any issue.

I don't care if she's spiritual, if she's...

hung out with the Dalai Lama. I mean, that's all fine, but I just wanted my

money back.

Despite her supporters' objections, on November 19, 2010, Kladek is indicted

on 14 counts related to the fraud.

The case goes to trial, and on January 26, 2012, a jury finds her

guilty on all 14 counts.

As she prepares for sentencing, Her faith in positive thinking crosses over

the delusional.

She actually puts together a very detailed presentation as to how she can

the investors from jail.

It was a plan where she was taking her $14 ,000 a year social security income

and she was able to convert that somehow into $80 million over the next 10

years.

Seems kind of incredible to me, but that was her plan.

The judge doesn't buy it, and neither do the members of the women's social

group, who travel to Jacksonville to observe the sentencing.

When Kladek addresses the court, they see a side of her they've never seen

before.

They had to pull the microphone down.

And she came out with the most horrible scream I have ever heard in my life.

I didn't do it. I didn't take the money. You're liars.

I had never heard her raise her voice.

So we were in shock when she said that.

So that was the true Lydia Kladek.

The judge sentences Kladek to 30 years in prison.

If she plans to earn back the millions of dollars she owes to the investors

she is let out, she won't be able to start until she is 98 years old.

Jane Etney eventually gets an insurance payment for her commercial property that

was destroyed in Hurricane Katrina and has enough money to live comfortably.

Many in her group are not as fortunate, but they have managed to keep together.

It brought me closer to the ladies.

You know, I felt as though I'm not by myself. At first, I didn't want to talk

about it.

Lee Caesar didn't just lose her investment.

Her entire world is turned upside down.

I was a friend.

I was an investor. I was an employee.

And now I'm a victim.

Caesar continued to invest her savings with Kladek through the years she worked

for her, even refinancing her house to invest the equity with Kladek.

Now the money's gone, and her home is in foreclosure.

At 78 years old and in poor health, she needs to try to find work to pay back

her debts.

I'm on poverty -level Social Security with food stamps.

So that's where I am.

And she's living in a cell.

Sure, she doesn't have freedom, but she's got everything taken care of.

got three hearts in a cart, they say.

People like me are out here scrounging around trying to make ends meet. It

doesn't make any sense.

So now I'm angry.

I'm angry that a friend did this to me.

Kladek isn't a friend to Kevin Crow.

But she is a U .S. citizen.

And for someone who has spent two decades of his life defending the United

States, the betrayal back home cuts just as deep.

You do come back, and you have a big handshake, and someone says thanks for

service, and then they take your money.

And it's amazing how that works in our country.

If a threat is right there, wears a little dress, wears a big smile, and

the threat.

Next on American Greed, nearly 800 investors believe they're using their

to buy silver.

But in reality, Ronnie Gene Wilson's alchemy has turned metal into thin air.

They were buying nothing. They were buying a fiction.

In February 2012,

Ronnie Gene Wilson sits in the offices of the South Carolina Securities

Division.

The 64 -year -old silver dealer has been called before investigators after a

woman complains that Wilson has been doctoring the investment statements of

92 -year -old father.

The daughter sent us the documents. We reviewed these documents.

And we found that there were some significant red flags that were popping

South Carolina Attorney General Alan Wilson heads the State Securities

and is no relation to Ron Wilson.

In fact, he's a thorn in Ron Wilson's side.

His Securities Division begins digging into Ron Wilson's business and finds...

that Wilson has hundreds of investors with supposedly tens of millions of

dollars invested in silver.

The Securities Division calls Wilson into their offices to ask him where all

this silver is.

During the course of that interview, he basically tells us that he has between

500 and 600 ,000 ounces of silver basically stored in the depository in

Delaware.

Ron Wilson's made a career of placating people's concerns with his word of

honor.

But this time, he may have pushed his conceit too far.

I don't think he expected us to check. Because at this point, he's so good at

getting people to believe him. He doesn't think that people are even

the truth of what he's telling.

They've served this area extremely effectively.

County Councilman.

South Carolina school board member.

Silver dealer.

Anderson County citizens know Ronnie Gene Wilson as many things.

But more than anything, they know him as a straight shooter.

The one thing I really thought about Ron was that he was a very true, honest

person. He was very gruff.

When he said things, it was just like, here I am, this is who I am, take me or

leave me. And I respected that about him.

Candy Kern Fuller is an attorney in Anderson County, South Carolina, who

Ron Wilson from his time as an elected official on the Anderson County Council.

At first glance, they may not seem likely allies.

She's a liberal.

He's an arch -conservative.

He was a member of the John Birch Society, national commander of the Sons

Confederate Veterans.

Greetings and welcome you to Anderson.

And different things of that nature. He was very, very politically conservative.

But Kern Fuller is willing to put aside philosophical differences.

to attend a 2009 seminar Wilson is giving for his precious metals company,

Atlantic Bullion and Coin.

She hears a pitch that Assistant U .S. Attorney Bill Watkins says is a

of his business.

Ron predicted essentially the end of the world. The dollar was going to crash.

It would be worthless.

And that hard money, silver and gold, was where people should put their money.

Kern Fuller doesn't buy into the doom and gloom.

But silver doesn't have politics.

And the prices are rising.

Kern Fuller agrees to invest $10 ,000 with Wilson.

What appealed to me was what silver and gold were actually doing.

I mean, I can pick up a newspaper. I can get on the Internet. And so at that

time, I see it. I see it go up.

Another person dazzled by Silver's rise is Bill Strewing. He's worked in law

enforcement for more than 30 years.

And in 1996, he starts working for the Anderson County government as chief of

public safety.

He passes through Councilman Ron Wilson's offices enough in his official

that eventually his curiosity in Wilson's metals business is piqued.

I mentioned one time to him, I said, I'm interested in the silver thing that you

have. I said, I understand there's some people that have it I've talked to, and

it's quite lucrative. And he said, oh, yeah.

He said, I'll tell you what. He said, I'll have my secretary send you an

invitation to one of our seminars.

At the seminar, he sees a number of well -respected citizens of Anderson County

who have money invested with Ron Wilson.

So I thought, well, you know, if these lawyers, and doctors and notable people

in the community are going for this. I'm going to get in. I'll get it also.

In 2006, Strewing is ready to retire from his job with Anderson County and

Wilson $10 ,000 that he receives from unused vacation and sick pay.

Like approximately 800 other investors in Wilson's company, Strewing believes

that Wilson is buying precious metals with his money and then trading them in

the market.

Quarterly, I got reports of he bought and sold, bought and sold. And, of

he bought when the market was low, and then he sold when the market was high.

And I never took any money out of it. I was going to leave it in there until it

got to a sizable amount, and then that would have been for my eventually

retirement.

The only problem is that the statements Strewing and other investors are getting

are complete fabrications.

No, it was all fictitious. The only real numbers on the statement was the amount

of money the investor put in.

That number was correct. Then all the trade, that was false.

There was no silver.

This guy was a slick snake oil salesman, except there was never any snake oil.

That's what makes it worse. There was nothing there.

According to South Carolina Attorney General Alan Wilson, Ronnie Gene Wilson

walks into a perfect scenario for running a precious metal scam.

The best fraudulent schemes always have elements of truth to them that are

verifiable.

Silver was going up. The economy was going down. He leveraged that.

It gives investors little reason to doubt Wilson's ability to show positive

returns.

I saw what the silver was bringing.

I saw what the paper was saying.

I got my quarterly reports.

They didn't seem outlandish or anything like that.

I see it go up, and I'm saying, wow, I bought this at $10 an ounce, and it's

already now $15 an ounce.

And then it went up to $20, and then it went up to $30.

and then it went up to 40, just like he said it would. If he'd have taken our

money, and he would have bought silver with it, and he would have been

legitimate about it and everything like that, we would be well off right now,

okay?

Not well off enough for Ron Wilson's taste.

He wants it all.

When American Greed returns, Ron Wilson steals money by telling people the end

of days is near.

Is it just part of the image?

Or has he managed to even convince himself?

He had stacked to the ceiling canned goods, tents, firearms, ammunition,

everything that one would expect to see if you were preparing for the government

to collapse.

Learn more about how Ron Wilson attracts investors into his scheme at

AmericanGreed .CNBC .com.

Want inside information from the show?

Join the Greed Social Network.

Like us on American Greed's Facebook page.

We'll be right back.

In Anderson County, South Carolina, Ronnie Gene Wilson tells investors that

.S. currency is about to collapse.

But in reality, it appears there's no bigger fan of the almighty dollar than

Wilson.

Between 2009 and 2012, he takes in more than $65 million from

investors throughout the country intending to invest in precious metals.

But Wilson never actually buys bullion.

There was no silver, and he would take that money.

and pay off older investors to keep them in the scheme, to keep them, you know,

basically hooked in.

And it was just layers and layers of fraud, each class of victim that came

And the money that is left over goes mainly to himself.

He spent freely, and oftentimes he just paid too much money. It wasn't his

money. He didn't care.

Beatty Ashmore is an area attorney who becomes the trustee of Wilson's Holdings

on behalf of the victims.

One of the more remarkable assets that Ashmore will liquidate is this farm 30

miles from Greenville.

The farm is a unique place.

It is designed to be totally self -sustainable.

The farm is completely organic.

Wilson even sells the farm's meats, cheeses, and produce from his own

store.

It's a progressive attitude, but don't believe that the hardliner has gone

Wilson may have other motivations for a self -sustainable refuge.

When the day came when the government collapses, he wanted to be totally self

-sufficient. He's got $400 ,000 worth of solar panels alone, so he could be off

the... the power grid.

There's more evidence of Wilson's doomsday preparations in his offices.

In this room, he had stacked to the ceiling canned goods, tents,

devices, a number of firearms, ammunition, gunpowder, shells.

He had everything necessary to survive in the event that the government would

collapse.

Ned Chamblee isn't worried about the end of days so much as the end of his

working years.

That's a drill ship there.

He's spent 40 years working on ships overseas, doing everything from

equipment for oil rigs to shipping merchandise across the Atlantic.

By the end of 2010, he's eyeing retirement and meets with Ron Wilson.

Well, he was talking about how bad the economy is in the U .S. and what the

dollar's fixing to crash and the only safe way of putting your money would be

metals, in precious metals.

And he said, it's not guaranteed, but in the past I have been doubling people's

money over a two -year period.

Chamblee says he calls the Better Business Bureau just to make sure and

Wilson has a AA rating.

Chamblee takes all of his money from his 401k, more than $500 ,000, and invests

in silver.

Into 2012, everything seems to be going just as Wilson said it would.

According to the statements he was sending out, I'd already doubled my

According to the paperwork, it was worth over a million.

He's a roughneck -turned -millionaire.

It's a welcome development, and at just the right time.

Chamblee's company wants to send him back to work on a rig off the coast of

Nigeria.

But Chamblee doesn't want to go back overseas.

At that time, I thought I had plenty of money.

So I said, well, let's go ahead and retire.

About two weeks after I retired, I found out that it had all upon its skin.

When American Greed returns...

Wilson investors want to cash in on the metals rush.

But they come to discover that their plans for a lustrous future are just

gold.

Once we made a call on the money, he closed shop. And when that happened, I

to myself, not there.

Don't know if it's ever been there.

By early 2011, Bill Strewing has upped his investment in silver to $50 ,000

with Ronnie Gene Wilson.

Periodically, I looked in the paper, and I knew what I had, how many, when I

looked at the quarterly report and saw what it was and done a little figuring,

and it figured out pretty darn good.

Hundreds of Wilson's investors feel exactly the same way.

It keeps the fraud rolling right along.

This scheme went over 26 states, incorporated over 1 ,000 victims, and

million in money was defrauded out of these victims. And in 15 years, not one

single complaint was filed by any one of the thousands of people that were

invested in this enterprise.

He was good.

But in the fall of 2011, this con man's 15 -year streak comes to an end when

an investor suspects that Ron Wilson may be falsifying documents.

Mr. Wilson, it appears, overreached a bit with his scheme and was changing

statements to reflect that folks had not bought as much silver as earlier

statements had shown.

On February 1, 2012, Wilson is summoned to an interview with the South Carolina

Securities Division in Columbia to explain the discrepancies.

He blames them on a simple error.

and the Securities Division lets him walk out a free man.

But it appears that Wilson feels the walls are closing in around him.

He knew that the end was near or suspected it could be near.

The U .S. Secret Service not only protects the president, but investigates

financial crimes as well.

When the South Carolina Securities Division asked them to assist in the

investigation, Special Agent Jason Durkin sees a desperate Ron Wilson put

fraud into overdrive.

He came and had a seminar presented to the class. Bring all your money. If you

have a house paid off, take out another mortgage on that house. Take a second

mortgage. If you have IRAs, dump all your IRAs in and bring all your money to

invest.

The Secret Service continues its investigation and calculates that if

business is legit, he should have an extraordinary 8 million ounces of silver

under his control.

To figure that out in more something you can grasp, if you take 8 million

ounces, that gives you 500 ,000 pounds.

So if you want to equate that to tons...

So that gives you 250 tons.

That's 125 Ford Explorers. That's a large amount of silver to have under

one control.

Durgin has his doubts. He subpoenas Wilson's depository and finds that

short by all 8 million ounces.

The depository is empty.

When the U .S. Attorney's Office confronts Wilson with the records, they

remarkably submissive Ron Wilson.

It's hard to bluff at that point when you've got no silver.

It was over.

On July 27, 2012, Wilson pleads guilty to mail fraud.

Four months later, Ned Chamblee is in the courtroom for Wilson's sentencing.

Chamblee has gone from a life of hard labor to a retiree worth a million

dollars. But as he sits in court, it's all gone.

He lets Ron Wilson know how he feels about it when he's allowed to say a few

words before the judge.

I told him that I didn't think he should serve a day in prison. I thought he

should be executed.

The judge sentences Wilson to 19 and a half years in prison.

which the Secret Service says is more than Wilson was expecting.

He felt that he was only going to get sentenced to eight years in jail, so he

actually was already making plans of, well, when I get out, I want to buy this

type of motorcycle.

I'm going to travel here. I'm going to be a free spirit, which strikes me as

interesting.

Where is he going to get the funds to have such a great retirement?

Even from jail, Ron Wilson may be putting one over on his investors.

We are missing money. We're missing cash. We're missing millions of dollars

worth of cash that are not on the books and records. Unless Ron Wilson or

somebody else tells me where it is, we'll never know.

I mean, you're dealing with crooks, and they're hiding money from you.

And I am convinced that Ron Wilson is one of those people.

And the federal government believes he may not be the only crook.

Lankboy and Corwin was more beyond Ron Wilson himself. He actually had

employees. He had a staff that he worked with, and there's still quite a few

individuals, both within the company and outside the company, that are still

actively being investigated.

Special Agent Durkin wants it to be perfectly clear.

Anyone that is involved in this fraud should expect a visit from the Secret

Service.