Racketeering Conviction

Man convicted of racketeering in defrauding church

By: Atlanta Journal-Constituion/AP | WSAV-TV
Published: July 03, 2009

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DECATUR, Ga. (AP) - A man convicted of racketeering and
violations of Georgia securities law has been sentenced to 10 years
in prison followed by 10 years probation.
Darryl Hicks was convicted Thursday of bilking a DeKalb County
church and other investors out of $450,000.
The county district attorney's office said that beginning in
2000, Hicks got clients such as All Baptist Church to invest in his
fraudulent "high yield" or "prime bank" investment scheme.
Prosecutors said the money has not been recovered.
Hicks disappeared in late 2001 and was initially indicted by a
DeKalb grand jury in April 2005. He was arrested in Chicago in
August 2007.