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Press Release

Mississippi Woman Sentenced In Mail Fraud Investigation

For Immediate Release
U.S. Attorney's Office, Northern District of Mississippi

OXFORD, Mississippi – U.S. Attorney Felicia C. Adams of the Northern District of Mississippi, Inspector in Charge Tom Noyes of the U.S. Postal Inspection Service, and U.S. Veteran’s Affair Resident Agent in Charge John Ramsey announce that Tammi Henderson Palasini, 53, of Indianola, Mississippi, was sentenced yesterday by Chief U.S. District Judge Sharion Aycock to 53 months in prison, concurrent with the sentence imposed by the State of Mississippi,  3 years Supervised Release following imprisonment and restitution in the amount of  $2,441,884.01.

Palasini had previously plead guilty to devising and executing a scheme to defraud investors, including U.S. Military veterans, through the use of the U.S. Mail, in violation of 18 U.S.C. 1341.

U.S. Attorney Felicia C. Adams said, “The acts committed by Ms. Palasini tell a disturbing tale of avarice and greed.  She defrauded veterans and other investors for her own financial gain.  The sentence Palasini received reinforces the message that federal courts view fraud as a serious crime that warrants significant punishment.  The United States Attorney’s Office is committed to holding fraudsters like Palasini accountable for their illegal activities.”  

Palasini was remanded to the custody of the U.S. Marshals Service to await transfer to the facility designed by the Bureau of Prison for service of the sentence.

The investigation was conducted by the U.S. Postal Inspection Service and U.S. Department of Veteran Affairs, Office of Inspector General.  The case was prosecuted by Assistant U.S. Attorney Robert W. Coleman II.


Updated August 11, 2016

Securities, Commodities, & Investment Fraud