Aequitas Exec Says Payback Bid Is 'Financial Death Penalty'

By Lilyanna D'Amato ( October 11, 2023, 6:00 PM EDT) -- An Aequitas Management LLC executive, recently convicted as part of the investment company's multimillion-dollar Ponzi scheme, slammed the government's $235 million restitution bid Tuesday as a "financial death penalty," arguing that the court should limit his repayment to $1 million because he had only a "minor role" in the plot....

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