The case against B. Don James, the man accused of defrauding dozens of people in a so called \"Ponzi scheme\" has been set for trial March 6th in U.S. District Court in Nashville.
James was named in a fifteen count indictment by a federal grand jury last month charging him with over $1.8 million in wire fraud.
James apparently waived an appearance and submitted a written plea of \"not guilty\" at his arraignment last Thursday.
An order, signed by U.S. District Judge Todd J. Campbell, states that \"The trial in the case is set for March 6th at 9:00 a.m. A pre-trial conference is scheduled for March 2nd at 1:00 p.m. A status conference is scheduled for February 12th at 9:00 a.m. All lawyers who will try the case shall attend the status conference.\"
\"Any plea agreement shall be consummated by February 26th and the courtroom deputy so notified. Any proposed plea agreement shall be submitted to the court by February 27th. If a plea agreement is submitted, the hearing to take the plea will take place on March 2nd at 1:00 p.m.\"
\"Any motion to continue the trial, pretrial conference or plea dates, shall be filed no later than one week before the pretrial conference date.\"
If convicted at trial, James could face up to 20 years in prison and a $250,000 fine.