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Tough Sentence Sought in ‘Expert Network’ Case

A former sales manager at a California “expert network” firm convicted earlier this year as part of an insider-trading probe should be sentenced to up to nine years in prison, prosecutors said. James Fleishman, a former employee of California expert-network firm Primary Global Research LLC, was convicted in September of two counts of conspiracy for […]

Allen Stanford Appears to Be ‘Faking’ Amnesia: Prosecutors

Federal prosecutors say accused Ponzi schemer R. Allen Stanford appears to be “faking” memory loss in order to avoid his criminal trial scheduled for next month…. “Convincing, reliable evidence demonstrates that Stanford is faking memory loss,” prosecutors say in the 20-page filing. Read more: Allen Stanford Appears to Be ‘Faking’ Amnesia: Prosecutors — CNBC

Madoff’s former controller to plead guilty

Enrica Cotellessa-Pitz — who allegedly did double duty as the mistress of Madoff right-hand man Frank DiPascali — will appear at a hearing in Manhattan Federal Court on Monday, where she will cop to falsifying documents to cover up Madoff’s fraud, as well as lying to US regulators, prosecutors Lisa Baroni and Julian Moore said […]