Hawaiʻi-based CEO sentenced to 13 years for fraud

Man, ex-wife sentenced in $29M ‘Semisub’ scam | Honolulu Star-Advertiser

The 72-year-old man who teamed with his then-wife to con investors out of more than $29 million for a prototype tour ship before trying to sail away from prosecution was sentenced to 13 years in federal prison.

Former heads of Hawaii-based company sentenced for $29 million investment fraud scheme

The former heads of a Hawaii-based shipbuilding company were sentenced for their roles in a $29 million investment fraud scheme that lasted for more than a decade.

CEO Behind $29M Hawaiian Shipbuilding Fraud Sentenced to 13 Years in Jail

The U.S. Department of Justice reports that the long-running fraud case involving a tour boat known as the Semisub has finally concluded with the CEO and his then-wife each sentenced to jail. The U.S. filed fraud charges in 2022 against CEO Curtiss E. Jackson and his then-wife, Jamey Denise Jackson, alleging they stole more than $29 million in a decade-long scheme. According to court documents and evidence presented at trial, the U.S. alleged th…

Hawaiʻi-based CEO sentenced to 13 years for fraud

HONOLULU (KHON2) -- A husband and wife who ran a Hawai‘i-based business were sentenced for scamming investors out of $29 million over more than 10 years, said the Department of Justice. Nearly $30M defrauded from Semisub Inc. investors: DOJ Curtiss E. Jackson, 72, and Jamey Denise Jackson, 62, were CEO and president of Semisub Inc. The company was based in Honolulu and marketed a prototype vessel called Semisub One, the DOJ reported. The D…

Hawaiian CEO and His Former Wife Sentenced for $29,000,000 Investment Fraud Scheme: DOJ - The Daily Hodl

The formerly married CEO and President of a Hawaii-based shipbuilding firm have received a combined 15-year prison sentence for a $29 million investor fraud scheme. According to the U.S. Department of Justice (DOJ), Curtis Jackson and his ex-wife, Jamey Jackson, have been sentenced for fraud due to their connection with Semisub Inc. “According to court documents and evidence presented at trial, Curtiss E. Jackson, 72, of Honolulu, Hawaii, and Ja…

CEO and President of Hawaii Shipbuilding Company Sentenced for $29M Investment Fraud Scheme

CEO and President of Hawaii Shipbuilding Company Sentenced for $29M Investment Fraud Scheme U.S. Attorney’s Office, District of Hawaii HONOLULU – 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 company. Curtiss E. Jackson, 72, of Honolulu, Hawaii, was sentenced to thirteen yea…