Bergelson v. State

Appellant was charged by amended information with one count of racketeering, two counts of organized fraud, three counts of scheme to defraud, thirty-two counts of grand theft, twenty-eight counts of selling unregistered securities, twenty-four counts of mortgage broker’s fraud, and seven counts of sale of securities by an unregistered dealer.

The charges centered upon the marketing and sale of “equal dignity” mortgages by State Capital Corporation (State Capital) and its affiliated corporations. At trial, the state contended that appellant owned and/or controlled a “financial empire,”…