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New Era 39thirty Custom Hats

They said he used about $6 million to pay off creditors in his personal bankruptcy, another $4.8 million to pay off earlier investors and spent another $1.6 million on legal fees, travel and other personal expenses, including cash withdrawals.

New Era 39thirty Custom Hats

Craig L. District Court in Manhattan, agreeing to serve between eight and 10 years in prison, according to the terms of a written agreement between Berkman and prosecutors. Otherwise, he would have faced up to 40 years in prison. .

New Era 39thirty Custom Hats

Berkman, a one time Oregon GOP gubernatorial candidate, admitted that he falsely claimed to investors in December 2010 that he owned shares of Menlo Park, New Era 39thirty Custom Hats Calif. based Facebook Inc., Chicago based Groupon Inc. and Mountain View, Calif. based LinkedIn Inc., among other companies.

New Era 39thirty Custom Hats

New Era 39thirty Custom Hats

Craig L. District Court in Manhattan, agreeing to serve Detroit Tigers Hat

companies about to go public.

NEW YORK A Florida investment adviser pleaded guilty Tuesday in a $13 million securities fraud scheme that prosecutors say capitalized on enthusiasm for shares of Facebook and other Internet companies about to go public.

New Era 39thirty Custom Hats

New Era 39thirty Custom Hats

New Era 39thirty Custom Hats

NEW YORK A Florida investment adviser pleaded guilty Tuesday in a $13 million securities fraud scheme that prosecutors Jordan Hats Red

between eight and 10 years in prison, according to the terms of a written agreement between Berkman and prosecutors. Otherwise, he would have faced up to 40 years in prison.

13M Facebook share case

At a sentencing scheduled for Oct. 1, Berkman also will face restitution of $8.4 million and must forfeit $13.2 million, according to his agreement with the government.

say capitalized on enthusiasm for shares of Facebook and other Internet Adidas Cap Picture

New Era 39thirty Custom Hats

New Era 39thirty Custom Hats

Prosecutors say he pocketed much of the $13.2 million he received from more than 120 investors during the scheme, which stretched from 2010 until his March 2013 arrest. The government says he transferred the investors' money into his personal account rather than using it to acquire shares of Facebook.

New Era 39thirty Custom Hats

New Era 39thirty Custom Hats

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