Investigations

Bo Baker of Dallas, TX, pleaded guilty in U.S. District Court in Dallas to mail fraud for organizing a bogus investment scheme involving nonexistent aircraft parts in which she tricked people into investing over $1 million. She used a significant portion of the illegal gains to finance a lavish lifestyle while she was awaiting sentencing from another earlier charge. That charge resulted in a 56-month prison sentence and an order to pay $198,268 in restitution in January 2002 for misrepresenting counterfeit aircraft parts as approved parts. At the time, Baker was president and owner of 3D Industries, Dallas, TX, a now-defunct FAA-certificated repair station, Baker is expected to receive up to 5 additional years in jail on the mail fraud charge. Her sentencing is scheduled for February 10.