ORANGE COUNTY DISTRICT ATTORNEY PRESS RELEASE
Case # 06HF0973
Date: July 17, 2015
SANTA ANA, Calif.– A man was sentenced to 19 years and eight months in state prison and ordered to pay restitution today for defrauding investors in schemes involving close-out clothing. Shaine Joseph LaVoie, 46, Dana Point, was found guilty by a jury on May 26, 2015, of 12 felony counts of grand theft, 10 felony counts of using an untrue statement in the purchase or sale of a security, one felony count of theft from an elder, one felony count of forgery, and one felony count of writing a non-sufficient funds check, with sentencing enhancements for property loss over $150,000 and aggravated white collar crime over $500,000. LaVoie was also ordered to pay over $800,000 in restitution.