Ex-Woodbury Broker Gets 8 Years For $5M Fraud

Law360, New York (July 22, 2011, 5:35 PM EDT) -- A Missouri federal judge on Friday sentenced former Woodbury Financial Services Inc. stockbroker Joshua Gould to eight years and one month in prison and $4.3 million in restitution for stealing millions of dollars from brokerage clients.

Of the restitution amount, Gould and his co-defendant, David Rubin, will be jointly responsible for $1.2 million, one of Gould's lawyers, Michael D. Schwade of Kodner Watkins Muchnick Weigley & Brison LC, said Friday.

Rubin, formerly of Coral Mortgage Bankers Corp., and Gould pled guilty in April to stealing from...
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