A Pleasantville investment adviser Clarice Saw imposed herself on the life of an elderly, incapacitated client, according to the U.S. Securities and Exchange Commission, and transferred $2.4 million from his holdings to her own accounts.
Barred Broker Gets 8 Years in Prison for $1 9M Ponzi Scheme thinkadvisor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thinkadvisor.com Daily Mail and Mail on Sunday newspapers.
The SEC and DOJ accused a New Jersey-based broker of using insider knowledge to make more than $3.4 million from a scheme involving special purpose acquisition companies.