https://www.fraudswatch.com/investment-fraud-david-blaine-welliver-sentenced-for-defrauding-investors-in-the-dblaine-fund/
Investment Advisor Sentenced to Five Years for Defrauding Investors of $1.725 Million The United States Attorney’s Office for the District of Minnesota announced the sentencing of DAVID BLAINE WELLIVER, 56, to five years in prison for defrauding investors in the Dblaine Fund of $1.725 million. WELLIVER pleaded guilty on July 13, 2016, to one count of securities fraud. He was sentenced today before Senior U.S. District Judge Paul A. Magnuson in U.S. District Court in St. Paul, Minn.
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