Investment Adviser Gets 58 Months For $2.5M Fraud
U.S. District Judge William J. Martini also ordered defendant Carlo Chiaese, 38, to pay $2.5 million in restitution for taking the investors' money and using it to buy luxury cars and high fashion.
In March, Chiaese pled guilty to one count of securities fraud.
The defendant, who began...
To view the full article, register now.