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Ex-CFO pleads guilty to stealing $5mn to trade meme stocks, cryptos (& lose it all)

Ex-CFO pleads guilty to stealing $5mn to trade meme stocks, cryptos (& lose it all)

Reuters have the report.

A former chief financial officer of multiple special purpose acquisition companies (SPACs) has pleaded guilty to embezzling more than $5 million from them, and losing almost all of it trading meme stocks and cryptocurrencies.

  • Cooper Morgenthau pleaded guilty to one count of wire fraud
  • fa... Read More
Posted: Jan 3 2023, 22:59
Author Name: forexlive
Views: 110538

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