US EditionInvestment Firm CEO Found Guilty of Falsifying Financial Records
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Investment Firm CEO Found Guilty of Falsifying Financial Records
The founder and former chief executive of an investment firm was sentenced Monday to more than three years in federal prison for falsifying financial records to fraudulently inflate the value of the funds he managed, allowing him to charge investors millions of dollars in unauthorized fees. Brendan Ross, 52, of La Cañada Flintridge was sentenced by U.S. District Judge Dale S. Fischer, who ordered him to pay $5.9 million in restitution along wit…
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