Futures Scam Leads To 20 Years For Fund Manager

Law360, New York (December 19, 2007, 12:00 AM EST) -- An investment manager accused of bilking clients of $25 million has been sentenced to almost 20 years in prison and ordered to pay $21 million in restitution to investors across the United States.

On Tuesday, Judge Thomas W. Thrash, Jr. of the U.S. District Court for the Northern District of Georgia sentenced Anthony M. Ramunno to 19 years and seven months in federal prison, to be immediately followed by three years of supervised release. Ramunno will also pay $21,226,719 in restitution.

U.S. Attorney David E. Nahmias...
To view the full article, register now.

Related

Sections

Case Information

Case Title

USA v. Trivett


Case Number

1:07-cr-00061

Court

Virginia Western

Nature of Suit

Judge

James C. Turk

Date Filed

February 9, 2011

Law Firms

Government Agencies

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.