R G Reynolds

Financial talk show host R. G. Reynolds was found guilty on Thursday of 13 counts of mail fraud and two counts of witness tampering. A five-woman, seven-man federal jury took less than four hours to conclude that Reynolds had duped fans of his radio and television shows into investing in schemes that were intended to enrich him but held little promise of returns to investors. "The evidence was overwhelming," Special U.S. Atty. Peter Morris said. "Justice was done."

R. G. Reynolds Sentenced: Former radio and television financial talk show host Richard (R. G.) Reynolds, who was convicted last month on 13 counts of mail fraud and two counts of witness tampering, was sentenced to 17 years in prison. In handing down the sentence, U.S. District Court Judge Manuel L. Real in Los Angeles also ordered Reynolds to repay his victims $420,955, plus interest.

Armed with search warrants, U.S. postal inspectors Thursday swept into the Burbank headquarters of R. G. Reynolds, a charismatic financial adviser whose commercial radio and television programs have been carried across the nation since late 1985. Federal officials said the inspectors seized assets, including some rare coins and several company bank accounts, while serving warrants at 11 locations in Los Angeles and Kern counties. Reynolds, 40, was not arrested or charged.

Former radio and television financial talk show host Richard (R.G.) Reynolds, who was found guilty by a federal jury last month of 13 counts of mail fraud and two counts of witness tampering, was sentenced Monday to 17 years in prison. In handing down the sentence, U.S. District Judge Manuel L. Real in Los Angeles also ordered Reynolds, who is president of a Laguna Niguel company, to repay his victims $420,955, plus interest.

Financial adviser and radio personality R. G. Reynolds has failed to repay $5.7 million to about 400 investors whom he bilked in two investment schemes, according to a motion filed Wednesday in federal court by the Securities and Exchange Commission. The SEC motion asks U.S. District Judge A. Andrew Hauk to hold Reynolds in civil contempt for not producing the funds.

One night in 1985, R. G. Reynolds, whose live radio show "The Reynolds Rap" advised listeners how to invest their savings, urged listeners to phone his office for a free "consultation." A local aerospace worker, who was a fan of Reynolds, called and made an appointment. The aerospace worker, who asked that his name not be used, said he met Reynolds at the talk show host's Burbank offices and was immediately impressed with Reynolds' folksy charm.

Financial talk show host R. G. Reynolds was found guilty on Thursday of 13 counts of mail fraud and two counts of witness tampering. A five-woman, seven-man federal jury took less than four hours to conclude that Reynolds had duped fans of his radio and television shows into investing in schemes that were intended to enrich Reynolds but held little promise of any returns to investors. He now heads a Laguna Niguel company, Flow-Ventures. "The evidence was overwhelming," Special U.S. Atty.

Talk show host and financial adviser R. G. Reynolds was arrested by federal postal inspectors Wednesday in Laguna Niguel and charged with 60 counts of mail fraud. The charges, revealed in an indictment unsealed by the U.S. Attorney's Office in Los Angeles on Wednesday, involve two investment schemes carried out by Reynolds that allegedly cost investors nearly $3 million. Reynolds, 44, was to remain in custody until a hearing this morning before federal Magistrate Judge Venetta Tassopulos.

One night in 1985, R.G. Reynolds, whose live radio show "The Reynolds Rap" advised listeners how to invest their savings, urged listeners to phone his office for a free "consultation." A local aerospace worker, who was a fan of Reynolds, called and made an appointment. The aerospace worker, who asked that his name not be used, said he met Reynolds at the talk show host's Burbank offices and was immediately impressed with Reynolds' folksy charm.

The weeklong fraud trial of popular talk show host R.G. Reynolds came to a close in federal court here Wednesday, with prosecutors arguing that the self-proclaimed financial expert ran a scam that "preyed on the little guy." The 12-person jury was still deliberating late Wednesday evening. Reynolds, 44, is charged with 13 counts of mail fraud in connection with an investment program that he ran through R.G. Reynolds Enterprises, a defunct Burbank company.

On the first morning of the fraud trial of popular financial radio talk show host Richard (R.G.) Reynolds, the electronic monitor that Reynolds had been ordered to wear to ensure that he did not leave the area and violate terms of his bail became disconnected. Reynolds' attorney, Michael Balaban, told U.S. District Judge Manuel Real in Los Angeles that it wasn't Reynolds' fault, because a rabbit had chewed through wires on the monitor.

Radio and television investment guru Richard Reynolds was convicted in Los Angeles on Thursday of federal mail fraud and witness tampering charges for defrauding clients out of $1.3 million. Reynolds faces up to 85 years in prison and $3.75 million in fines when he is sentenced by U.S. District Judge Manuel Real on Dec. 2.

Financial talk show host R. G. Reynolds was found guilty on Thursday of 13 counts of mail fraud and two counts of witness tampering. A five-woman, seven-man federal jury took less than four hours to conclude that Reynolds had duped fans of his radio and television shows into investing in schemes that were intended to enrich Reynolds but held little promise of any returns to investors. He now heads a Laguna Niguel company, Flow-Ventures. "The evidence was overwhelming," Special U.S. Atty.

Financial talk show host R. G. Reynolds was found guilty on Thursday of 13 counts of mail fraud and two counts of witness tampering. A five-woman, seven-man federal jury took less than four hours to conclude that Reynolds had duped fans of his radio and television shows into investing in schemes that were intended to enrich him but held little promise of returns to investors. "The evidence was overwhelming," Special U.S. Atty. Peter Morris said. "Justice was done."

Jury Deliberating R. G. Reynolds' Fate: A Los Angeles federal court jury reached a verdict on fraud charges against popular talk-show host R. G. Reynolds, but the results remained sealed while the panel continued deliberations on charges of witness tampering. The weeklong trial ended after jurors heard prosecutors argue that the self-proclaimed financial expert ran a scam that "preyed on the little guy."

The weeklong fraud trial of popular talk show host R.G. Reynolds came to a close in federal court here Wednesday, with prosecutors arguing that the self-proclaimed financial expert ran a scam that "preyed on the little guy." The 12-person jury was still deliberating late Wednesday evening. Reynolds, 44, is charged with 13 counts of mail fraud in connection with an investment program that he ran through R.G. Reynolds Enterprises, a defunct Burbank company.

Jury Deliberating R. G. Reynolds' Fate: A Los Angeles federal court jury reached a verdict on fraud charges against popular talk-show host R. G. Reynolds, but the results remained sealed while the panel continued deliberations on charges of witness tampering. The weeklong trial ended after jurors heard prosecutors argue that the self-proclaimed financial expert ran a scam that "preyed on the little guy."

One night in 1985, R. G. Reynolds, whose live radio show "The Reynolds Rap" advised listeners how to invest their savings, urged listeners to phone his office for a free "consultation." A local aerospace worker, who was a fan of Reynolds, called and made an appointment. The aerospace worker, who asked that his name not be used, said he met Reynolds at the talk show host's Burbank offices and was immediately impressed with Reynolds' folksy charm.

One night in 1985, R.G. Reynolds, whose live radio show "The Reynolds Rap" advised listeners how to invest their savings, urged listeners to phone his office for a free "consultation." A local aerospace worker, who was a fan of Reynolds, called and made an appointment. The aerospace worker, who asked that his name not be used, said he met Reynolds at the talk show host's Burbank offices and was immediately impressed with Reynolds' folksy charm.