Federal prosecutors said Wednesday they intend to retry former real estate guru Rick Koerber, who is accused of illegal business dealings and running a Ponzi scheme, and whose recent jury trial ended in a mistrial.
On Oct. 16, Koerber’s trial ended in a mistrial when the jury was unable to reach a unanimous verdict after deliberating for seven days, following an eight-week trial.
Prosecutors said in a motion filed Wednesday in U.S. District Court that while defense assertions had indicated an overwhelming number of jurors were in favor of acquittal, prosecutors have learned that those claims have no merit.