Long Point Investments LLC

A United States Treasury officer whose job involved warning the public about investment fraud has been sentenced to six months in prison after he admitted receiving $15,000 in return for providing information to someone who turned out to be a fraudster. James Lynn Kramer-Wilt was sentenced on May 12 at the U. S. District Court for the District of Eastern Texas. He is due to begin his prison term on June 23, 2003. Kramer-Wilt had pleaded guilty to one count of "willful receipt of unlawful compensation from a source other than the executive branch of the United States Government".

A United States Treasury officer whose job involved warning the public about investment fraud has admitted receiving money for providing information to someone who turned out to be a fraudster. James Lynn Kramer-Wilt pleaded guilty on January 30, 2003 to one count of "willful receipt of unlawful compensation from a source other than the executive branch of the United States Government". He is currently awaiting sentencing at the U. S. District Court for the District of Eastern Texas and faces a maximum penalty of five years in prison and a fine of $250,000.