Grabowski pleaded guilty in 2011 to scamming U.S. and U.K stock investors but has avoided jail time by cooperating with investigators.
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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.
Grabowski pleaded guilty in 2011 to scamming U.S. and U.K stock investors but has avoided jail time by cooperating with investigators.