Ex-Platinum CEO Gets Nine Years

Law360, New York (January 9, 2007, 12:00 AM EST) -- Former Platinum Investment Corp. CEO Dominic Antonucci will spend nine years in jail for orchestrating two securities fraud schemes and attempting to destroy related evidence during a probe by the U.S. Security and Exchange Commission’s probe, the U.S. Attorney for the Southern District of New York announced on Monday.

Dominic Antonucci, one-time CEO of the now-defunct broker-dealer, pled guilty on May 19, 2005 to securities fraud, tampering with evidence and conspiring to commit securities fraud, wire fraud and mail fraud.

Antonucci was also sentenced to three...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.