An associate of John Peter Galanis pleaded guilty.
John F. Landon, 39, entered the plea in New York federal court in response to charges of fraud arising out of his role with the syndication of Transpac Drilling, an oil and gas shelter promotion organized by John Peter Galanis. Galanis was indicted last week on racketeering charges in the case. Landon pleaded guilty to mail fraud and conspiracy to commit tax, securities and bank fraud.
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