convicted felon – Fraud Files Forensic Accounting Blog

Barry Minkow Sentenced to Five Years’ Imprisonment on Stock Manipulation Conspiracy

14 August 201131 July 2011 by Tracy Coenen

United States Attorney’s Office
Southern District of Florida
July 21, 2011 Press Release

Wifredo A. Ferrer, United States Attorney for the Southern District of Florida, and John V. Gillies, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office, announced that defendant Barry Minkow, 44, of San Diego, California, was sentenced today on one count of conspiracy to commit securities fraud, in violation of Title 18, United States Code, Section 371, for his participation in a scheme to manipulate the stock price of Lennar Corporation (Lennar) through false and misleading statements about Lennar’s business operations and management. At today’s hearing, U.S. District Court Judge Patricia A. Seitz sentenced Minkow to five years in prison, to be followed by three years of supervised release. In addition, the Court ordered Minkow to pay $583,573,600 in restitution.

Sam Antar dishes out some free advice on staying out of prison

14 August 201110 September 2007 by Tracy Coenen

In today’s post entitled Advice from a convicted felon: How the government investigates and prosecutes white collar criminal cases, Sam Antar gives us an education on how the federal government goes after the “fish” in a criminal case.

And Sam should know. After all, he’s the former CFO of Crazy Eddie and has years of experience related to government criminal investigations. He refers to the big fish (someone like the CEO or President or majority owner of the company), the middle fish (middle management) and the small fish (non-management employees).

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