Securities Attorney Arrested On Wire Fraud Charges

Law360, New York (May 21, 2008, 12:00 AM EDT) -- A California securities lawyer was arrested Tuesday and charged with participating in a scheme that cheated individual investors out of more than $20 million.

Jeanne M. Rowzee of Irvine, Calif., allegedly took part in a Ponzi scheme and faces federal charges of wire fraud, according to Salvador Hernandez, FBI assistant director in Los Angeles, and U.S. Attorney Thomas P. O'Brian. If convicted, she faces a possible sentence of up to 20 years in federal prison.

Rowzee was scheduled to appear Wednesday to answer the charges, which...
To view the full article, register now.

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.