Category: Securities Fraud

 

White-collar crimes are not solved overnight. States may investigate alleged fraudsters for years before a ruling is made. Victims may not see restitution for decades.

 

This is how the case involving Heartland Energy Development Corporation (HEDC) is playing out. The state has been investigating the company for alleged crimes dating back to 2002, and the story is not over yet.

 

After a judge ruled the company did