Ex-Investment Manager Dodges Prison For Stock, Tax Crimes

By Stewart Bishop ( May 4, 2020, 10:12 PM EDT) -- A New York federal judge on Monday declined to sentence a former investment manager with shuttered U.K. brokerage firm Beaufort Securities to prison for market manipulation and scheming to evade the Foreign Account Tax Compliance Act, citing reasons including the lack of actual loss in the case and the danger to inmates posed by the COVID-19 pandemic....

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