Mursuli sentenced to 12 years for investment fraud

Israel S. Mursuli, also known as Steven Mursuli, 58, was sentenced Jan. 30 to 12 years in prison for soliciting more than $1 million from investors in two scams between 2005 and 2009. He was also ordered to pay $886,680 in restitution.

Mursuli owned Mountain Computers Inc. and Mio Cafe, both of which were in Evergreen.

A Jefferson County grand jury indicted Mursuli on 28 counts of securities fraud and two counts of theft in May 2011. On Nov. 7 he pleaded guilty to two counts of securities fraud and two counts of theft.

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