CEO of Hawaii Shipbuilding Company Sentenced to 13 Years for $29M Investment Fraud Scheme, President Received Two Year Sentence

Aug 6, 2025

A formerly married couple was sentenced yesterday for their roles in a more than decade-long scheme to defraud hundreds of investors out of millions of dollars in connection with Semisub Inc. (Semisub), a Hawaii-based company.

From the U.S. Department of Justice: Read More