Courtesy of Reuters.com:
Alberto Vilar, a once high-flying New York money manager and arts philanthropist accused of stealing from clients, was found guilty of fraud and money laundering by a U.S. jury on Wednesday.
Vilar was convicted of defrauding clients to pay debts, a scheme that prosecutors say began after a sharp decline in technology stocks hurt performance at his Amerindo Investment Advisers money management firm. He was found guilty by a U.S. District Court jury in Manhattan of all 12 counts he faced.
For more information, please click here.
|
Share this article with your social network, just click below to share now!
|
|
|
No comments:
Post a Comment