Tagged: jim bolt

We Told You So (Editorial)

by Arkansas Business Editors 6/30/2014 12:00 am

Sometimes it takes a long time, but vindication, like revenge, is tasty even when served cold. In this week’s issue we have satisfying news about some of the problematic personalities that had been the subject of earlier reporting in our publication.

Jim Bolt Criminal Saga Reveals ‘A Certain Amount Of Genius’

by Gwen Moritz 6/30/2014 12:00 am

A federal judge sentenced James W. Bolt to a sentence 29 months longer than standard sentencing guidelines. It was an acknowledgement that the only way to keep Bolt from breaking the law was to keep him locked up.

Jim Bolt: 100 Months 'Essentially a Life Sentence'

by Gwen Moritz 6/24/2014 11:14 am

U.S. District Judge Timothy Brooks of Fayetteville threw the book at the career criminal because "there's a high likelihood that Mr. Bolt will recidivate."

Testimony: Arvest Bank Was Jim Bolt's Biggest Victim

by Gwen Moritz 6/24/2014 11:04 am

The Fayetteville bank had to make good on a guarantee it issued when Bolt fraudulently claimed $1.9 million in assets held as unclaimed by the state of California, an FBI agent testified Monday.

Bolt Sentenced to 100 Months in Prison; Ordered to Pay $2.5M in Restitution

by Arkansas Business Staff 6/23/2014 2:33 pm

James W. "Jim" Bolt was sentenced to 100 months in federal prison on Monday, and ordered to pay $2.5 million in restitution. Bolt pleaded guilty to mail fraud, wire fraud and money laundering in January.

Bolt Sentencing Could Hinge on ‘Extraordinarily Lengthy Criminal History’

by Arkansas Business Staff 6/23/2014 12:00 am

James W. “Jim” Bolt’s defense attorney has been squabbling with federal prosecutors over the seriousness of the crimes to which Bolt pleaded guilty in January.

Jim Bolt's Sentencing Scheduled for June

by Arkansas Business Staff 4/28/2014 12:00 am

A drama of special interest to your Whispers crew is moving toward its denouement: James W. Bolt — aka Jim Bolt and Jimm Bolt — is scheduled to be sentenced in federal court in Fayetteville on June 25.

Oh, Happy Day (Gwen Moritz Editor's Note)

by Gwen Moritz 1/20/2014 12:00 am

Last Thursday was a happy day for me. On that day, Jim Bolt of Rogers finally pleaded guilty in Fort Smith to federal crimes — mail fraud, wire fraud and money laundering — that should keep him behind bars for quite a while.

Update: Jim Bolt Pleads Guilty to Fraud, Money Laundering

by Gwen Moritz 1/16/2014 2:39 pm

Rogers businessman Jim Bolt, having failed to win pre-trial release from the Washington County jail, appeared before U.S. District Judge Robert Dawson in Fort Smith and pleaded guilty to one count each of wire fraud, mail fraud and money laundering.

Jim Bolt Transferred to Washington County, Still Behind Bars

by Arkansas Business Staff 1/6/2014 12:00 am

James W. “Jim” Bolt is no longer a guest of the Benton County Detention Center. But contrary to a rumor that was circulating last week, he has not been set free.

Update: Rogers Businessman James Bolt Pleads Not Guilty to More Charges

by Mark Friedman 11/4/2013 5:36 pm

Rogers businessman James Bolt received two more federal charges last week in connection with an alleged scheme to collect unclaimed property in California.

James Bolt Pleads Not Guilty, Trial Scheduled

by Gwen Moritz 9/24/2013 11:45 am

James W. Bolt of Rogers was arraigned Monday in U.S. District Court in Fayetteville, where he pleaded not guilty to a 12-count indictment for wire fraud, mail fraud and money laundering.

James Bolt to Remain in Jail As FBI Investigates Murder Connection

by Gwen Moritz 9/4/2013 4:07 pm

James W. Bolt will be staying in jail after a federal court hearing in which an FBI agent said the Rogers businessman was suspected of being an accessory to a 2011 murder in southeast Missouri.

Rogers Businessman James Bolt Charged With 12 Counts of Fraud, Money Laundering

by Gwen Moritz 9/3/2013 4:19 pm

James W. Bolt, the ex-convict who was arrested Thursday on a federal criminal complaint, was arraigned Tuesday in U.S. District Court in Fayetteville.

Update: Rogers Businessman Jim Bolt Arrested on Federal Complaint

by Gwen Moritz and Mark Friedman 8/29/2013 9:49 pm

James William Bolt, the ex-convict whose Rogers “cancer research center” was raided by federal authorities in June, was arrested Thursday evening on a federal complaint alleging wire fraud, mail fraud and money laundering.

Bolt's Silence on Rogers Properties Could Result in Forfeiture to Fed

by Arkansas Business Staff 8/26/2013 12:00 am

Jim Bolt, the ex-convict whose “cancer research center” in Rogers was raided in June by the FBI, told Whispers recently that he didn’t know the U.S. Attorney’s Office for the Western District filed civil asset forfeiture lawsuits in early July against three pieces of real estate in Rogers that have ties to him.

FBI Takes Volvo Title, iPads, Cash in Bolt Forfeiture Case

by Arkansas Business Staff 7/15/2013 12:00 am

Bolt has not been charged with any crime, but an FBI affidavit accuses him of faking documentation to claim $1.9 million in unclaimed stock belonging to a California company.

Federal Agents Make More Use Of Seizure Powers

by Mark Friedman 7/15/2013 12:00 am

Government seizures of money and property are on the rise. Critics say the government taking property from people who haven't been charged with a crime is a problem.

FBI: Bolt Faked Documents to Claim $1.9M in Abandoned Stock

by Gwen Moritz 7/2/2013 7:27 pm

Jim Bolt, the convicted felon whose "cancer research center" in Rogers was raided last week, used fake documents to claim and then sell almost $1.9 million worth of stock that the state of California had listed as unclaimed property, an FBI agent said in an affidavit filed Tuesday.

FBI Raids Rogers Business Associated With Jim Bolt

by Gwen Moritz 6/27/2013 1:09 pm

A Rogers "cancer research facility" affiliated with Jim Bolt, a convicted felon who was acquitted of federal charges related to investments in a previous company that claimed to treat cancer, was raided by the FBI on Thursday morning.