State v. Lippard

OPINION

OGG, Judge.

The appellant/defendant J. W. Lippard was convicted by a jury of one count of fraud under the provisions of ARS § 44— 1991 of the Arizona Securities Act. The defendant was sentenced to serve 3 to 5 years and he now appeals from that conviction and sentence.

The defendant was the Vice-President of Great Southwest Land & Cattle Company in charge of finance. Great Southwest was a land sale company which sold unimproved lots in several subdivisions in Arizona. Once a lot sale was consummated, the salesman would prepare the necessary sales instruments and forward them to the…