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CEO of Hawaii Shipbuilding Company Sentenced to 13 Years for $29M Investment Fraud Scheme, President Received Two Year Sentence
August 06, 2025
WASHINGTON, Aug. 6 -- The U.S. Department of Justice issued the following news release:

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CEO of Hawaii Shipbuilding Company Sentenced to 13 Years for $29M Investment Fraud Scheme, President Received Two Year Sentence

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A formerly married couple was sentenced yesterday for their roles in a more than decade-long scheme to defraud hundreds of investors out of millions of dollars in connection with Semisub Inc. (Semisub), a Hawaii-based compan . . .

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