The jury in the trial of former Bixby Energy Systems CEO Robert Walker completed its first day of deliberations without reaching a verdict.
After first day of deliberations, no verdict from Walker jury
March 5, 2014 at 7:32AM
Walker, 71, is on trial for 17 counts of fraud, conspiracy, tax evasion and witness tampering. Jury deliberations will resume Wednesday.
At his seven-week criminal trial in U.S. District Court in St. Paul, prosecutors contended he cheated 1,800 investors out of $57 million to enrich himself and others. Walker contends he committed no crime in the collapse of the Ramsey, Minn., company that initially sold corn-burning stoves, then promoted a coal-to-gas technology that never succeeded.
David Shaffer
Pending sales were up double digits for the first time this year.