Ex-Sentinel Execs Deny $500M Fraud Charges

Law360, Chicago (June 18, 2012, 3:06 PM EDT) -- Two former Sentinel Management Group Inc. executives pled not guilty in Illinois federal court Monday to wire and securities fraud charges they face for allegedly defrauding more than 70 customers out of $500 million in the years leading up to the investment advisory firm's 2007 bankruptcy filing.

During their arraignment before U.S. Magistrate Judge Sheila M. Finnegan, onetime Sentinel president and CEO Eric A. Bloom and Charles K. Mosley, formerly the firm's senior vice president and head trader, both denied 18 counts of wire fraud, one...
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