Ohio couple sentenced in sports drink investment scheme

 

COLUMBUS, Ohio (AP) — A husband and wife convicted for their roles in a sports drink fraud scheme have each received federal prison sentences.

Preston Harrison and his wife, Lovena Harrison, were convicted earlier this year of conspiracy to defraud the U.S. and filing a false income tax return. Lovena Harrison also was convicted of structuring financial transactions to evade currency reporting requirements.

Authorities say the scheme between summer 2010 and spring 2013 cost investors about $9 million.

Preston Harrison was also convicted of scheming to deceive investors in his company in Westerville in suburban Columbus about the sports drink OXYwater.

Preston Harrison was sentenced Tuesday to serve nearly seven years in prison, while Lovena Harrison was sentenced to serve one year and one day.

A co-defendant is scheduled for sentencing in October.

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