Kenneth Rijock

Kenneth Rijock

Thursday, December 31, 2015

ELEVENTH CIRCUIT DECLINES TO SET ASIDE LIFE SETTLEMENT PONZI SCHEMER JOEL STEINGER'S CONVICTION & 20-YEAR SENTENCE


The Eleventh Circuit Court of Appeals, in an unpublished sixteen-page opinion, has affirmed Mutual Benefits Corp. principal Joel Steinger's guilty plea, and twenty-year sentence, holding that he was competent to enter a plea, based upon medical and psychiatric evidence. The basis for Steinger's appeal. that he was not competent to plead out, due to the massive amount of medication he was taking for pain, conflicted with prior findings of court-appointed medical professionals, and his own physician, and his conduct during hearings, which failed to show any diminished capacity due to pain medication, or any mental issues.

According to the federal Bureau of Prisons, Joel Steinger's presumptive release date is July 3, 2029.


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