Asset Management Firm CEO Charged With $16M Fraud

By Rachel Graf (October 5, 2018, 4:14 PM EDT) -- Virginia federal prosecutors have charged the CEO of a "self-described asset management firm" with swindling investors out of at least $16 million by misrepresenting that he would put the funds toward a real estate investment near the Silver Line of the Washington, D.C., Metro, the prosecutors said in a Friday statement....

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