After a five-day nation-wide manhunt, Rufus Paul Harris, former CEO of Conversion Solutions Holdings Corporation (CSHC), originally of Adairsville, Georgia, was arrested on Sunday by the U.S. Marshal’s Service in Provo, Utah. According to the Rome News-Tribune, Harris fled Atlanta on May 23 following the eighth day of his jury trial for conspiracy, fraud and falsifying financial statements in the U.S. District Court for the Northern District of Georgia in which Harris was representing himself. The charges against Harris were based on an alleged "pump-and-dump" scheme in which Harris and others allegedly inflated CSHC’s stock prices by false claims and financial statements and defrauded investors out of millions.
Harris was convicted in absentia and will be sentenced on August 18, and will face a potential 25 years’ imprisonment.
Photo: amberlrhea