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Jerome Schneider receives six-month prison sentence

A man who made a living selling offshore shell banks to unsophisticated clients who invariably used them to commit criminal activity has been sentenced to six months in prison.Jerome Schneider, 53, a resident of Vancouver, Canada, was sentenced at the U. S. District Court for the Northern District of California on December 6, 2004 - ten months after pleaded guilty to one count of conspiracy to defraud the United States. He was ordered to pay a fine of $4,000 and a $100 special assessment. He previously paid $100,000 in restitution.