Miscellaneous
Information
On June 6, 2005, Frank Malangone and fifteen (15) others were charged in indictment S1 04 CR 343 for allegedly engaging in numerous acts of embezzlement, the financing and making of extortionate extensions of credit and the collection of extensions of credit through mail fraud. On February 21, 2007, Mr. Malangone was convicted of conspiracy to commit employee benefit embezzlement, mail fraud and to make false ERISA statements, and he was sentenced to three (3) months incarceration and three (3) years supervised probation. |
