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A North Iowa former investment adviser who stole over $2.4 million from his clients was sentenced on October 5, 2018, to 175 months in federal prison. Darrell Smith, age 62, from Forest City, Iowa, received the prison term after a July 2017 guilty plea to one count of wire fraud and one count of aggravated […]

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Columbia, South Carolina – United States Attorney Sherri Lydon stated today that Melvin Leonard Wimmer, Jr., age 53, of Greenwood, South Carolina, was sentenced in federal court in Greenville, South Carolina, for Securities Fraud. Senior United States District Judge Henry Herlong, of Greenville, sentenced Wimmer to 75 months imprisonment and 5 years Supervised Release. The court also […]

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Benjamin G. Greenberg, United States Attorney for the Southern District of Florida, Robert Lasky, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office and Michael J. De Palma, Acting Special Agent in Charge, Internal Revenue Service, Criminal Investigation (IRS-CI) announced that on August 31, 2018, Salvatore Colonna, 69, of Fort Lauderdale, pled […]

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NEWARK, N.J. – A former broker and investment adviser today admitted stealing millions of dollars from his clients in order to pay for personal expenses, U.S. Attorney Craig Carpenito announced. Gary Basralian, 70, of Springfield, New Jersey, pleaded guilty before U.S. District Judge Madeline Cox Arleo in Newark federal court to an information charging him […]