A Bainbridge Island man and the former CEO of S-Ray Inc. is wanted by the FBI, according to Attorney Tessa M. Gorman.
Stephen Baird, a Bainbridge Island man and the former CEO of S-Ray Inc. is wanted by the FBI. Baird, formerly from Bainbridge Island, defrauded investors by making false statements about his company’s product development, stated U.S. Attorney Tessa M. Gorman. Baird falsely claimed S-Ray Inc. obtained FDA authorization to market a dental device.
Gorman said Baird’s scheme started in 2012 and defrauded some 200 investors of $10.75 million. Baird told investors their money would be used to bring a product to market but instead, Baird used more than half of the investors’s money — some $5.7 million — for his family’s personal expenses, including buying a luxury car and a waterfront house on Bainbridge Island.
The U.S. Attorney’s Office is also seeking forfeiture of a ranch in Terrebonne, Oregon that Barid paid for using the fraudulent money. The court entered a preliminary order of forfeiture with respect to the property. The case is being investigated by the FBI and is being prosecuted by Assistant U.S. Attorneys Seth Wilkinson and Jehiel Baer, and Special Assistant United States Attorney Jessica M. Ly.The U.S. Attorney's Office for the Western District of Washington reported Stephen Baird, 69, is wanted for failing to show up for sentencing in U.S. District Court in Seattle.The Marysville Police Department sent a large response team to Marysville Pilchuck High School and the school is in lockdown.
Have you dreamed of designing your own video game or being at the forefront of artificial intelligence? There is a school that can help turn those dreams into a reality.As the summer sun warms the Puget Sound area, the Seattle All-Star Classic celebrity softball game is gearing up for its third inning.Saving Great Animals, along with Carter Subaru, outlined valuable tips to ensure four-legged family members are secure during car rides.
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