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Al Parish left Charleston County detention center today

Staff report
Monday, July 7, 2008


The Post and Courier's on-line center for investigative reporting.

Read our ongoing special section of complete stories.


Convicted investment manager Al Parish was moved out of the Charleston County Detention Center by the U.S. Marshals Service today.

The transfer was confirmed by the detention center which said Parish left shortly before 9 a.m.

The marshals service declined to discuss Parish's status. For security reasons, the agency does not discuss movement of federal prisoners until after they reach a destination.

Parish, 50, was sentenced last month to a 24 1/3-year federal prison term for committing fraud against hundreds of investors who joined his offering of investment pools. Immediately after issuing the sentence, Chief Judge David Norton ordered Parish be taken into custody, saying he was "concerned with him hurting himself." Parish had been at the detention center for about 10 days before Monday's move.

Parish's incarceration will be handled by the federal Bureau of Prisons. He requested to be housed at the Butner Federal Correctional Complex in North Carolina, though any prison assignment will take into consideration Parish's poor health, which includes heart-related ailments.

The former economist at Charleston Southern University pleaded guilty and was sentenced in a massive case of investor fraud in which nearly 600 people lost more than $66 million.

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