2 Porter County residents to pay nearly $2.2 million restitution for securities fraud

Posted on: September 23rd, 2016 by [email protected] No Comments

Gary Atkinson and Donna Harris, both of Porter County, were convicted of securities fraud and acting as unregistered broker-dealers as Class C felonies. Atkinson and Harris were each sentenced to eight years of probation. Atkinson and Harris were also ordered to pay $2,183,831 in restitution to thirty-six victims. Atkinson and Harris offered investment opportunities under the name Dunes Country Mortgage Partners or NovaStar Securities. This investment opportunity involved a purported real estate development along the Lake Michigan shoreline. Atkinson and Harris sold promissory notes that promised a ten-percent return.

Leave a Reply

You must be logged in to post a comment.