After ripping off investors of millions of dollars, commodities traders Charles G. Martin and John E. Walsh spent $30,000 on liquor, $50,000 on toys, $1 million at strip clubs and restaurants — and invested in a Hollywood movie.
The movie, “Order of Redemption,” was a dramatic tale of corruption and conspiracies, according to a movie website.
Martin, 46, was sentenced to 17 years in prison Thursday, a day after Walsh, 63, received a 121/2 -year prison term. They were convicted for their roles in a Ponzi scheme that took advantage of victims across the world in an online foreign currency trading scheme.
The two principals in Winnetka-based One World Capital Group both pleaded guilty last May to wire and commodities fraud for defrauding more than 1,000 investors. They had come under the scrutiny of the Commodity Futures Trading Commission in 2007 when it was discovered the firm couldn’t cover customer withdrawals. Authorities later calculated the losses at some $17 million.
Agents investigating the case seized antique furniture, Oriental rugs and a BMW automobile during searches of Martin’s home in Glencoe and Walsh’s residence in Lake Forest in January 2009.












