2nd man indicted in Ponzi scheme
ANDERSON, S.C. — A second man has been indicted in what prosecutors say was a multimillion-dollar Ponzi scheme involving precious metals.
A federal grand jury charged 60-year-old Wallace Lindsey Howell with mail fraud.
Prosecutors say Howell worked with former Anderson County Councilman Ronnie Wilson on a scheme where they promised to buy and sell silver for customers. But authorities say the men invested little of the $90 million, either losing it or keeping it for themselves.
It wasn’t known whether Howell had a lawyer.
Wilson pleaded guilty to mail fraud in July and faces up to 20 years in prison when he is sentenced.
State’s high court reprimands hopeful
SUMTER, S.C. — A Manning attorney running for a state Senate seat has been reprimanded by the South Carolina Supreme Court.
The justices said Eleazer Carter failed to adequately represent a client in a vehicle wreck case. The court says Carter didn’t show up for hearings and depositions and didn’t return the case file to the client so he might find another lawyer.
The justices ordered Carter to pay for court proceedings and take a legal ethics course within six months.
Carter is a Democrat running as a petition candidate for Senate District 36.
He told The Item of Sumter that he thinks he was targeted for harsher punishment because he is a public figure running for office.
The Supreme Court’s ruling noted this is the sixth time Carter has been reprimanded.
Ryan plans to raise funds in Greenville
GREENVILLE, S.C. — Republican vice presidential candidate Paul Ryan will be in Greenville later this month for a private fundraiser.
Former South Carolina GOP chairman Barry Wynn said the breakfast will be at the home of Greenville developer Phil Hughes on Oct. 26.
The event could attract perhaps 100 people, said Wynn, the finance co-chairman for Mitt Romney’s presidential campaign in South Carolina.
Tickets are $1,000, with special photo opportunities for those donating $5,000. Those who give $25,000 can attend a private reception with Ryan.
Ryan is not scheduled to campaign publicly in South Carolina. Wynn says the money will be spent in swing states.
Retirees will pay more for insurance
ATHENS, GA. — The Georgia Board of Regents has approved a plan that will mean future University System of Georgia retirees will pay more for their health insurance.
The board made the decision at a meeting Wednesday in Athens.
The new policy limiting what the state will pay for retiree health benefits will not affect current employees of the University of Georgia and other Georgia public schools and colleges, officials said. The change will only apply to people hired after Jan. 1, 2013.
Under the new policy, the state will contribute to retirees’ health insurance coverage based on how long a person has worked for the university system when he or she retires.
The policy change should save the university system more than $3 million a year starting in about 10 years, according to system Chancellor Hank Huckaby and Vice Chancellor for Human Resources Marion Ross Fedrick.
The Regents approved the change unanimously without discussion.
Largest natural gas fuel station opens
ATLANTA — The state’s largest natural gas fueling station has opened in DeKalb County.
Gas South teamed with American Fueling Systems station to market alternative fuel options to prospective fleets. The new facility opened on Thursday to the public and commercial vehicles on Buford Highway in DeKalb County.
DeKalb County has already begun fueling its compressed natural gas garbage truck at the location. Other fleets such as UPS, AT&T, and other area companies are expected to be filling up at the station.
Gas South, a natural gas provider since 2008, now provides fuel to six of metro Atlanta’s seven public compressed natural gas stations including Atlanta, Lithonia and Tucker.
In other news
A LAWYER WHO was shot eight times outside her Sandy Springs apartment has been released from an Atlanta rehabilitation center and is now being treated as an outpatient.A Fulton County grand jury has indicted Parson’s husband, 43-year-old Michael Darnell Parson, in connection with the April 20 shooting. He is being held in the Fulton County Jail without bond.