Fraudsters receive leniency for undercover ‘Bermuda Short’ work

Two career criminals whose undercover work for the FBI was the mainstay of Operation ‘Bermuda Short’ have been rewarded with light sentences for a securities fraud they committed nearly ten years ago.David William Jones, 44, received a one-year prison term, while Robert Schlien, 56, escaped prison altogether, receiving just five years of probation, during sentencing at the U. S. District Court for the Southern District of Florida on June 17, 2005. They must also jointly and severally pay restitution of $4,591,773. They had each previously pleaded guilty to one count of conspiracy to commit securities fraud concerning criminal activity that ended in February, 1996.