Thursday, April 10, 2008

Valley fugitive may be hiding out ......to avoid a hefty prison sentence for fraud

Fugitive businesswoman may head to Aruba
by Melissa Blasius - Apr. 8, 2008 10:43 PM
12 News

A Valley fugitive may be hiding out on a resort island to avoid a hefty prison sentence for fraud. Rebecca Parrett, 59, disappeared while awaiting sentencing on a $2-billion dollar scheme.

She worked for National Century Financial Enterprises, which sold health care bonds to investors including several Arizona cities. Last month, a federal jury in Ohio convicted Parrett on conspiracy, securities and wire fraud, and money laundering.

Parrett, who owned a 6,000-square-foot Carefree mansion and a home in Fountain Hills, returned to Arizona on bond to await sentencing. Deputy U.S. Marshal Matt Hershey says she disappeared before a pretrial services officer went to visit her home at the end of March. Parrett's husband claimed she had gone to Sedona two weeks prior and hasn't been seen since, according to Hershey.

Federal court records indicate a confidential informant told the FBI last week the co-defendants, including Parrett, planned to meet in Aruba after the conviction. Her four co-defendants have since been arrested. If you see Rebecca Parrett, you are urged to call U.S. Marshals.

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