Ex-Sentinel CEO Guilty On All Counts For $500M Fraud

Law360, Chicago (March 25, 2014, 6:41 PM EDT) -- Former Sentinel Management Group Inc. CEO Eric Bloom was found guilty Tuesday on an array of fraud charges stemming from a scam that bilked customers out of more than $500 million before the investment firm’s 2007 collapse.

After a monthlong trial in Chicago, the jury needed less than two hours to return guilty verdicts against Bloom on 18 counts of wire fraud and one count of investment adviser fraud, notching a victory for federal prosecutors in one of the largest financial fraud cases they have ever...
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