Wife Of Securities Fraudster Denied Proceeds From Sale Of Property

Mealey's (February 8, 2023, 2:03 PM EST) -- NEW YORK — A federal judge in New York on Feb. 7 ruled that the wife of a man ordered to pay nearly $3 million in disgorgement, prejudgment interest and a civil penalty in connection with his conviction for his role in a securities fraud scheme failed to show that she is entitled to proceeds from the sale of the family home, which were placed in registry after her husband failed to make any payment toward the judgment against him....