Andres raised $72 million in assets by using misleading marketing materials and misappropriated approximately $2.2 million for his own use, including living expenses and hotel bills.
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Houston-based investment manager Robert Andres has pleaded guilty to participating in a $72 million investment scam. So reports the Federal Bureau of Investigation.
Andres raised $72 million in assets by using misleading marketing materials and misappropriated approximately $2.2 million for his own use, including living expenses and hotel bills.