Feb 27
2014

The indictment of Steven Patrick Jones and John Patrick Acord, executives at Intermodal Wealth Inc., was unsealed Feb. 27 in U.S. District Court in Houston. Jones and Acord (who also used the name "John Delano") were charged with multiple counts of wire and mail fraud and one count of securities fraud. The indictment alleges the two men collected at least $5.5 million from investors in a fraudulent scheme involving investments in intermodal shipping containers.