Nov 16

Melvin Dean Marshall of Meadowlakes, Texas, was convicted on November 16, 2006, in the 33rd Judicial District Court in Burnet County, Texas, Cause Nos. 32521 and 32522, on one count of securities fraud and one count of first-degree theft, respectively. Marshall sold investment agreements through his insurance company, Marshall Insurance Agency, Inc., raising approximately $2 million from primarily elderly victims. Marshall was sentenced to 11 years confinement and 10 years probation; the sentences to run concurrently.