Investors get $19M from ‘3 Hebrew Boys’ scam
COLUMBIA, S.C. (AP) — Investors are receiving some of the money they entrusted with a South Carolina trio dubbed the “3 Hebrew Boys” currently serving decades in prison for an $80 million scam.
U.S. Attorney Bill Nettles said Wednesday that about 3,800 investors had been sent checks totaling about $19 million.
The payouts are the first ones to the thousands of investors who said they were fleeced by Joseph Brunson, Timothy McQueen and Tony Pough. The men drew their nickname from a Biblical tale about two believers in God who survived being tossed into a fiery furnace because of their faith.
Court-appointed receiver Beattie Ashmore says more payouts are planned.
All three men are currently appealing their 2009 convictions on 58 counts each of mail fraud, money laundering and other charges.
Kinnard can be reached at http://twitter.com/MegKinnard