One of two men convicted at trial last month of conspiring to sell Iraqi currency and placements in two nonexistent hedge funds through fraudulent means wants a new trial.
Charles Emmenecker, 67, of Sylvania filed a motion for a new trial in U.S. District Court this week, claiming he was prejudiced from having a fair trial because one of the charges that his two co-defendants were convicted of was purported to have been part of the conspiracy but did not pertain to him.
Bradford Huebner, 66, of Ottawa Hills and Michael Teadt, 67, of Maumee were convicted of mail fraud for lying on an application for federal training funds that Huebner filed through Wood County Job and Family Services. Emmenecker, who was convicted in the investment scheme, was not implicated in the Wood County matter.
“The government failed to prove the Wood County charges were part of the conspiracy, and, having failed to do that, it was prejudicial to try that allegation in the same case that Mr. Emmenecker was tried when he was never charged with that crime,” his attorney, Reg Jackson, said Thursday.
Teadt was acquitted on all charges relating to the investment conspiracy, but was convicted on the wire fraud charge, signaling that the jury recognized they were unrelated offenses, Mr. Jackson said. Huebner, owner and founder of the BH Group, which marketed the currency known as dinar, was convicted on all counts against him.
All three men are to be sentenced in September.