Chicago, IL-(ENEWSPF)- A federal jury in Chicago has convicted a Silicon Valley businessman of defrauding investors in his computer companies after soliciting and obtaining some of the money via crowdfunding.
JEFFREY BATIO, 50, of Santa Clara, Calif., was found guilty Friday of all 12 counts against him, including six counts of mail fraud and six counts of wire fraud. Each count is punishable by a maximum sentence of 20 years in prison. U.S. District Judge…
