Published on: 2011-04-22

http://7thspace.com/headlines/380031/oklahoma_man_indicted_for_wire_fraud_mail_fraud_and_money_laundering_.html

OKLAHOMA CITY—MARK S TRIMBLE, 45, from Edmond, Oklahoma, has been indicted for wire fraud, mail fraud, and money laundering, announced Sanford C Coats, United States Attorney for the Western District of Oklahoma. According to the indictment, Trimble was engaged in trading in the commodities market and, on March 6, 2009, was barred from engaging in such trading activity by a federal court order in CIV-09-154-D. Nevertheless, the indictment alleges that from September 2009 through January 2011, Trimble devised a scheme to defraud and to obtain money from his cycling coach, ostensibly to trade on the commodities market on behalf of the coach, and convert the money to his own use. Specifically, it is alleged that Trimble convinced the cycling coach to allow Trimble to trade on behalf of the coach in exchange for coaching fees and directed that money be sent to Trimble in care of Trimble’s wife or son in multiple transactions from September 2009 through January 2011.

It is alleged that the cycling coach sent Trimble a total sum of $111,000.00 and suffered a loss of $40,000.00. If convicted, Trimble faces up to 30 years in prison, a fine of up to $1,000,000, and mandatory restitution. The public is reminded that the indictment is merely an accusation and that the defendant is presumed innocent unless and until proven guilty. Reference is made to the indictment for further information.

This case is the result of investigations conducted by the United States Secret Service, the Federal Bureau of Investigation, and the Internal Revenue Service Criminal Investigations Division. The case is being prosecuted by Assistant United States Attorney Susan Dickerson Cox.