Par Funding Principals Charged in a RICO Indictment in Addition to Pending Charges of Securities Fraud, Extortion, Tax Crimes, Perjury, and Obstruction
Louay Shaman, 32, of Cliffside Heights, New Jersey, was sentenced on March 13, 2015, to eight years in prison for traveling with purpose of having illicit sexual conduct with a minor. Shaman pleaded guilty to the charge on January 6, 2014.
Shaman met the then-14-year old victim on an Internet dating site called “Are You Interested.” He conversed with her via the Internet two days before driving to her home near Allentown, Pennsylvania, meeting her for the first time, driving her back to New Jersey, and having sex with her in the car.
In addition to the prison term, U.S. District Court Judge James Knoll Gardner ordered 10 years of supervised release, forfeiture of the defendant’s BMW, and a $100 special assessment.
The case was investigated by the Federal Bureau of Investigation and a Pennsylvania local police department. It was prosecuted by Assistant United States Attorney Albert S. Glenn.