Two Investment Advisors Convicted in California of High Yield Investment Fraud
08/28/2012 02:01 PM EDT
William J. Ferry, a former stock broker and investment advisor, and Dennis J. Clinton, a former real estate investment manager, were found guilty by a federal jury in Santa Ana, Calif., today for their roles in a conspiracy to defraud a wealthy investor of $1 billion in a high-yield investment fraud scheme.
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