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Walker has been behind bars since August, when he violated his probation by contacting a government witness through an intermediary. That was the basis for the witness tampering charge. Walker’s sentencing date hasn’t been set.
During a pre-sentencing review, the victims of the Bixby scam and their losses will be tallied. Prosecutors are required to seek a restitution order, and a special civil unit in the U.S. attorney’s office typically looks for assets to recover. But after a criminal investigation lasting six years and involving U.S. postal inspectors, the Internal Revenue Service and the FBI, the trial revealed no evidence that anything is left of investors’ money.
Instead, prosecutors presented evidence that Walker enriched himself and others, and that Bixby never made a dime of profit. Walker once lived in a 12,000-square-foot home with an indoor pool in Ramsey. He also put his daughter, Melanie Bonine, on the payroll. She pleaded guilty last year to evading federal tax on Bixby securities she sold at a $700,000 profit. She also awaits sentencing.
After the verdict, prosecutors declined to comment on whether the Bixby investigation is over. In court papers, prosecutors previously have identified uncharged co-conspirators.
“We deeply appreciate the work of this jury,” MacLaughlin said.
David Shaffer • 612-673-7090 • @ShafferStrib