The Lowest of the Low

James R. Gibson, age 60, was sentenced to 40 years in federal prison for stealing tens of millions of dollars from orphans and accident victims to spend on business ventures and luxury items. This included a 67-foot yacht, luxury cars, and real estate. A former investment manager, Gibson was also ordered to pay more that $83 million in reparations to those he stole from. U.S. District Judge J. Phil Gilbert told Gibson, "You are, without a doubt, the most arrogant, self-centered, manipulative person I’ve ever laid eyes on." Gibson used much of the money to buy 23 stores in the National Supermarkets chain, which ultimatly went bankrupt. When the chain went under in 1999, Gibson fled the country with his wife. He was arrested in 2001 and in 2002 pled guilty to one count of conspiracy to commit mail fraud and wire fraud. His wife Marjorie plead guilty in 2002 to money laundering and was sentenced to three years in prison. She has been released.


Thank goodness this heartless man is going to be in prison for a long time! He deserves it for stealing from orphans and accident victems!