GUTHRIE, Okla. (AP) _ A man convicted of swindling Wichita State
University baseball coach Gene Stephenson and others faces 29 years
An Oklahoma judge sentenced 61-year-old Jack Logsdon for
swindling more than $900,00 from Stephenson and several prominent
residents of Guthrie, Oklahoma.
Logsdon was convicted last month on 16 felony counts.
Testimony during the trial indicated that between 1999 and 2004,
Logsdon swindled longtime friends using scams involving cattle,
land and property transactions.
Jurors were told the cattle purportedly sold by Logsdon didn't
exist and that the land and businesses were heavily mortgaged and
partially owned by other people.
The scam fell apart when investors asked Logsdon to sell, or
see, what they had invested in.