U.S.
?Pre-IPO’ Boiler Room Operators Sentenced To Prison
Facts
- MARIO GOGLIORMELLA was sentenced to 52 months in prison, and STEVEN LACAJ and KARIM IBRAHIM, a/k/a “Chris Hayes,” were each sentenced to 42 months in prison. [1]
- And its affiliated entities were sentenced to significant prison time for defrauding their investors, violating their fiduciary duties to those investors, and stealing their funds. [1]