Manhattan Financial Adviser Pleads Guilty To $5 Million Ponzi Scheme

Manhattan Financial Adviser James Booth Pleads Guilty To Operating A $5 Million Ponzi Scheme

Manhattan financial adviser James T. Booth pleaded guilty to securities fraud last week.
Federal prosecutors accused Booth operating a years-long scheme to defraud customers of his financial services firm, Booth Financial Associates.
Booth is accused of stealing nearly $5 million through a variety of lies and misrepresentations.
Manhattan U.S. Attorney Geoffrey S. Berman said:

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