
By JIM BUTLER
Jerry “Jay” Pearson’s sentencing in federal court is now scheduled for January 30.
Pearson, of Boyce, pleaded guilty in August to a count of wire fraud.
Sentencing on December 3 was postponed. The Western District Court docket posted Monday, January 6 includes Pearson’s new date before Judge Dee Drell.
It is docketed for 2 p.m. in the second-floor courtroom of the federal building on Murray Street.
Pearson is accused of defrauding investors in a Self-Directed IRA scheme of about $3.4 million.
Penalty for the crime is up to 20 years imprisonment and up to $250,000 fine. Restitution can also be ordered.