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Boswell Asks Judge To Return To Business
Posted 12/07/2012
70 year old George Boswell invented a carburator he said would revolutionize engines. The complaint alleged he failed to register his securities offering with the state and took money from hundreds of non-accredited investors when he was limited to 15 under Wisconsin law.
Boswell appeared in Oneida County Circuit Court before substitute Judge Michael Bloom.
As part of Boswell's extended supervision after prison he had to ask a court's permission and from the Department of Corrections to become a sole proprietor. He wants to work in the carburator business.
The state Corrections official had no objection to Boswell's plan. Judge Bloom agreed as long as Boswell's Corrections agent had full view of his books...
The original criminal complaint said Boswell allegedly did not disclose to nearly 400 investors he had a long history of bankruptcy and two criminal convictions in Illinois. He allegedly told investors that several companies were interested in his carburator.
