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Investment adviser to U.S. celebrities admits fraud

NEW YORK (Reuters) - An investment adviser, whose clients included director Martin Scorsese and singer Carly Simon, pleaded guilty on Friday to fraud charges as part of a deal with U.S. prosecutors who accused him of swindling up to $50 million.

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19:28 on September 10 2010

Investment adviser to U.S. celebrities admits fraud

Reuters — NEW YORK (Reuters) - An investment adviser, whose clients included director Martin Scorsese and singer Carly Simon, pleaded guilty on Friday to fraud charges as part of a... more info
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