Grabowski pleaded guilty in 2011 to scamming U.S. and U.K stock investors but has avoided jail time by cooperating with investigators.
Estimated reading time: 0 minutes, 20 seconds
Broker Must Pony Up $74M After Committing Stock Fraud
Robert Grabowski of Staten Island has been ordered to shell out $50 million in ill-gotten gains and $24 million in restitution for his role in an international $140 million stock scam, according to a sentencing memorandum. So reports the Staten Island Advance.
Most Read
-
-
Feb 21 2011
-
Written by Administrator
Add us to your Safe Sender list: We want to…
-
-
-
Nov 07 2012
-
Written by Administrator
Progressive Media Group Subscription Agreement This agreement states the general…
-
-
-
Mar 09 2013
-
Written by Staff Writer
While market bulls are understandably cheering the ongoing equity rally…
-
-
-
Nov 07 2012
-
Written by Administrator
Welcome We’re glad you chose to visit a Progressive Media…
-