$75 Million Investment Fraud

Penalty Reduced to Probation Only

Stockbroker was indicted in the United States District Court, Northern District of Ohio, Eastern Division. The indictment alleged that the Defendant engaged in a conspiracy to engage in fraudulent investment trading programs, also known as high-yield investment fraud. It was alleged that the Defendant yielded approximately seventy-five million dollars as a result of the enterprise. The case resolved after a plea arrangement was orchestrated resulting in probation only.

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