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FBI agents have arrested the chief investment officer of troubled Stanford Financial Group, accusing Laura Pendergest-Holt of obstructing a
Stanford investment exec arrested (Reuters via Yahoo!Xtra News)
WASHINGTON (Reuters) – U.S. authorities made the first arrest in the Stanford Financial Group fraud investigation on Thursday, charging Chief Investment Officer Laura Pendergest-Holt with obstruction, the Justice Department said.
Ex-investment adviser Litwok convicted of fraud (Newsday)
A former East Hampton investment adviser who has been embroiled in numerous legal disputes with clients – including comedian Lily Tomlin – was rapidly convicted yesterday of fraud and evading more than $1 million in federal income taxes by a jury at the federal court in Central Islip.
