Ex-ConvergEx Chief Charged With Securities Fraud – ValueWalk Premium

Ex-ConvergEx Chief Charged With Securities Fraud

Former chief executive officer of a ConvergEx Group LLC unit and an ex-trader has been indicted for allegedly bilking millions of dollars from clients by charging hidden trading fees.

The indictment from the U.S. Justice Department was made public Thursday.
ConvergEx subsidiaries charged
As reported earlier, in December, three brokerage subsidiaries including ConvergEx Global Markets Limited and . . .

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