David B. Willan, 38, of Akron, Ohio, former founder and president of Evergreen Investment Corp., was found guilty on all 68 counts, including 16 first degree felony counts, by a jury trial on Friday. Willan had been charged in December 2007 along with 16 others, in a 147-count indictment alleging securities fraud, aggravated theft, theft from the elderly and a host of other fraud allegations in a 147 count indictment. Losses to investors was at least $2.6 million as a result of Willan and his co-conspirator's fraud, according to reports. The jury deliberated nearly 10 hours over a period of three days before reaching its verdict. Willan faces 3 to 10 years in prison for each first degree felony count conviction, plus a fine up to $20,000 per count.
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