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| Fake Cherokee chief gets fed prison in Pennslyvania fraud |
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Pittsburgh, Pennslyvania (AP) 11-09 A former Pennsylvania man who called himself a Cherokee Indian “chief” will spend nearly five years in federal prison for a multimillion-dollar investment fraud. Federal prosecutors say 80-year-old Robert Eugene Cheney, who now lives in Las Vegas, and another man defrauded investors in several states and Canada out of roughly $2 million. The investors were told they were buying into oil exploration ventures that Cheney claimed to control as “Chief Soaring Eagle” with the “Sovereign Cherokee Nation.” Cheney and his accomplice, instead, spent most of the money on themselves and faked documents to make the deals seem legitimate. Cheney was prosecuted in Erie where he pleaded guilty in May and was sentenced because he lived in nearby Conneaut Lake when the scam ran from 2003 to 2008.
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