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One San Diego bad boy sentenced, one released

Bobby Vassallo gets a year, B.J. Gallison freed on $1.8 million bond

Vassallo told La Jollans of his famous friends and business associates to gain their confidence — money.
  • Vassallo told La Jollans of his famous friends and business associates to gain their confidence — money.

Alfred Louis "Bobby" Vassallo, perpetrator of telecom scams, was sentenced to a year and a day in prison in federal court in the Central District of California on August 24. The onetime La Jollan had peddled a telecom scheme (one of many he concocted) in French Polynesia but didn't tell his victim that he owed $2 million on another scam that the Securities and Exchange Commission had nailed him on.

Meanwhile, Harold (B.J.) Gallison was released from jail on $1.79 million bond for his role in a pump 'n' dump stock-market scam. He was previously incarcerated for a penny-stock scam. Among the conditions imposed by a Virgina magistrate judge was GPS monitoring and securing of a home in California. He was arrested in mid-July in his Valley Center home.

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Another example of how white collar crime pays. If he had held up a 7-11 for a hundred bucks he would be spending much more time in the can.

AlexClarke: Right you are. And as I have written for a long time, both for the Union-Tribune and the Reader, both of these guys have fleeced many people in many different circumstances. Gallison could have been tried on several penny stock scams. (He has been in prison once.) Vassallo has pulled several telecom scams. Best, Don Bauder

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