CDR Founder Avoids Prison Time In Bond Bid-Rigging Scheme
By Kurt Orzeck ( March 12, 2014, 8:21 PM EDT) -- A New York federal judge on Wednesday ordered CDR Financial Products Inc.'s founder to pay part of a $5.6 million penalty after he pled guilty to fraud and conspiracy charges stemming from a municipal bond-related bid-rigging scheme — although she spared him from prison....
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