A&O Founders Adley Abdulwahab and Christian Allmendinger Get Huge Prison Sentences

Adley (Abdul)Wahab and Christian Allmendinger were sentenced in federal court this week. The DOJ’s press release states:

Two principals of A&O Resource Management Ltd. have been sentenced for their roles in a $100 million life settlement fraud scheme, which included more than 800 victims across the United States and Canada.

Today, Adley H. Abdulwahab, 36, of Houston, a hedge fund manager and part owner of A&O, was sentenced to 60 years in prison. Yesterday, the co-founder and vice president of A&O, Christian Allmendinger, 40, also of Houston, was sentenced to 45 years in prison.

Allmendinger famously delayed a plan to flee based on the mistaken assumption that he would not be taken into custody after the guilty verdict.

Wahab famously lied about attending LSU.

The sentences fit the crime and these guys are getting what they deserve. Read all my posts on the A&O scandal here.

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