New York investment fund founder pleads guilty to $50 million investor fraud scheme

Washington Times

Jay Lucas, the founder and managing partner of Manhattan-based Lucas Brand Equity LLC and three private investment funds, pleaded guilty Wednesday to securities fraud, investment adviser fraud, wire fraud and money laundering, U.S.

Attorney for the Southern District of New York Jay Clayton announced. ...

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New York investment fund founder pleads guilty to $50 million investor fraud scheme

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