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'Pots and pans' fraud trial set to begin in Dothan - Dothan Eagle: News

'Pots and pans' fraud trial set to begin in Dothan

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Posted: Sunday, April 7, 2013 10:55 pm

The federal wire fraud trial of a Dothan man authorities say helped swindle more than 200 people out of $6 million in a phony cookware scheme is set to begin Monday at the federal courthouse downtown.

Federal prosecutors say Edward Forehand participated in a scheme between 2004 and 2009 that persuaded numerous people to invest money with forehand and a partner Forehand initially kept secret. According to the indictment in the case, Forehand said the money would be used to purchase cookware that would then be sold to colleges and universities for astronomical profits. The indictment states Forehand promised returns of between 50 and 700 percent.

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