Eric Whitehead, of Grant’s Interest Rate Observer, faces 20 years in prison for using company assets to pay for personal expenses.
Richard Diver admitted that the money he stole was consumed by his ‘wild’ personal spending.
The Financial Conduct Authority and the Prudential Regulation Authority said the firm allowed severe misconduct to go unaddressed.
Bill before legislature is sparked by anger over a county employee who won government retirement benefits after embezzling nearly $1 million.
Founder and trustee of a vending machine company’s pension sentenced to two and a half years in federal prison.
Brent Borland is accused of stealing nearly $6 million to fund ‘lavish lifestyle.’