Securities Fraudster Gets 23 Years For $14M Scheme

Law360, New York (October 10, 2012, 8:12 PM EDT) -- A Texas federal judge on Tuesday sentenced a man to 23 years in prison over a $14 million investment scheme in which he told investors that their funds would go toward commodities futures and currency trading and other complex transactions but spent them on personal expenses instead.

U.S. District Judge Barbara M. G. Lynn also ordered Bradley Stark, 37, who operated his purported investment company Sardaukar Holdings from his Riverside, Calif. residence from October 2004 thorough early July 2005, to pay some $13 million in restitution...
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