McGinn Smith Founders Can't Shed Investor Fraud Convictions

Law360, New York (April 26, 2013, 6:58 PM EDT) -- The convicted founders of brokerage McGinn Smith & Co. failed to persuade a New York federal judge Friday to acquit them or give them a retrial over their alleged scheme to use $4 million in investor funds for personal expenses.

U.S. District Judge David Hurd ruled that prosecutors had shown enough evidence to support their case against Timothy M. McGinn and David L. Smith, who were both found guilty by a jury of conspiracy to commit mail and wire fraud, mail fraud, wire fraud, securities fraud...
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Case Information

Case Title

USA v. McGinn et al

Case Number



New York Northern

Nature of Suit

Date Filed

January 25, 2012

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