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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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From: StockDung6/4/2013 3:19:50 PM
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Prosecutors Want Prison For Ex-Baker Atty in $55M Fraud
Share us on: Twitter Facebook LinkedIn By Juan Carlos Rodriguez

Law360, New York (June 04, 2013, 3:11 PM ET) -- Federal prosecutors Friday recommended prison for a former Baker & McKenzie LLP partner who recently pled guilty to taking part in a $55 million stock-fraud deal and skimming $1.6 million in interest from a client’s escrow account.

Martin Weisberg was a securities partner at the firm’s New York office from 2005 to 2007, when Brooklyn prosecutors charged him with taking kickbacks as part of a scheme that raked in $55 million in illegal profits through secret sales of discounted shares in Ramp Corp. and Xybernaut Corp....
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