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by Mike Caswell

Jeffrey Chartier, a California man who recently received 10 years in jail for his part in a New York boiler room that defrauded seniors and others of $15-million, has filed an appeal. (All figures are in U.S. dollars.) Prosecutors claimed that Mr. Chartier and his co-accused boosted a handful of thinly traded stocks as part of a "selfish and destructive plan to make himself rich." As victims lost large sums, Mr. Chartier used investor money to buy luxury items, such as a recreational vehicle with a TV and a fireplace, prosecutors claimed. The stocks the boiler room touted included former Canadian Securities Exchange listing Intelligent Content Enterprises Inc. of Toronto.

Mr. Chartier's appeal is contained in a notice filed on Dec. 12, 2022, in federal court in New York. The one-page document contains no details, but Mr. Chartier previously complained that his conviction by a jury was unfair. In particular, he said that the jury was rushing to a verdict, as the deliberations occurred in March, 2020, when COVID-19 was first appearing in North America and most people had begun avoiding contact with others. The jury, which was meeting in person, was informed that it would not be able to leave until the deliberations were complete. As a result, jurors did not take the time to properly examine the evidence, Mr. Chartier said.

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