Former Investment Adviser Sentenced To 87 Months

Law360, New York (September 18, 2007, 12:00 AM EDT) -- A federal judge has sentenced a man who allegedly swindled investors out of more than $28 million and then fled to South Korea to 87 months in prison and ordered him to cough up more than $30 million in restitution.

Won Charlie Yi, whose victims were mostly Korean Americans, was sentenced on Monday by U.S. District Judge A. Howard Matz of the U.S. District Court for the Central District of California.

The sentencing followed a December 2005 guilty plea to four counts of bank fraud, 11...
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