Ex-Investment Adviser Gets Nearly 5 Yrs. For Stealing $3M

By Dean Seal ( April 13, 2018, 9:22 PM EDT) -- A New York federal judge on Friday sentenced a former Long Island investment adviser and hedge fund manager to nearly five years in prison and $5. 3 million in restitution after he pled guilty to defrauding investors out of approximately $3 million to finance a lavish lifestyle. . . .

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