Ouch!!!

Don't even know what to say to this

Utah men convicted in Minnesota school fitness gear fraud
Two Utah men were convicted for their roles in what prosecutors called a scheme that promised hundreds of school districts across the country free fitness equipment but bilked them out of millions of dollars instead. Nineteen Minnesota school districts participated in the program.
Associated Press
Last update: December 05, 2006 – 6:45 AM

Two Utah men were convicted for their roles in what prosecutors called a scheme that promised hundreds of school districts across the country free fitness equipment but bilked them out of millions of dollars instead. Nineteen Minnesota school districts participated in the program.
A jury returned its verdicts Monday against Cameron J. Lewis, 36, of Highland, Utah, and his father, J. Tyron Lewis, 65, of Monticello, Utah. The verdicts came after a day and a half of deliberations following 17 days of trial before U.S. District Judge Joan N. Ericksen.
The evidence showed that the men defrauded over 600 schools and dozens of banks out of more than $60 million, federal prosecutors said.
In a related case, Joseph M. Beardall, president of School Fitness Systems, which provided the equipment to the National School Fitness Foundation, pleaded guilty in 2004 to defrauding financial institutions and Minnesota school districts of more than $1 million. As part of his plea agreement, he agreed to pay restitution.
The Lewises were each found guilty of five counts of mail fraud, nine counts of wire fraud, one count of bank fraud, one count of conspiracy to launder funds and 13 counts of money laundering. The son was also convicted on an additional money laundering count.
They operated the National School Fitness Foundation, of American Fork, Utah, which promised school districts they could receive fitness equipment free if the foundation was successful in getting grants for its anti-obesity efforts.
But prosecutors said the foundation received little in grants and that the money that it paid out to some districts actually came from others, making it a Ponzi-type scheme. It went bankrupt in 2004.
Sentencing dates have not been set. The father and son both face a maximum potential penalty of 30 years in prison and a $1 million fine on each count of mail fraud, wire fraud, bank fraud and conspiracy, and up to 20 years in prison and a $250,000 fine on each count of money laundering, the U.S. attorney's office said.
Two co-defendants pleaded guilty in April to one count of mail fraud.