Ex-CNBC Pundit Caught By FBI After Nearly Three Years On The Run; James Arthur McDonald Jr. Faces Decades Behind Bars For Fraud If Found Guilty [Yahoo! Finance]
PORSCHE AUTOMBL UNSP/ADR (POAHY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
Set to appear in federal court in Tacoma, WA later today, the one-time Hercules Investments CEO could be looking at “a statutory maximum sentence of 20 years in federal prison for each securities fraud and wire fraud count,” according to the Department of Justice. McDonald is also facing “up to 10 years in federal prison on the monetary transactions derived from unlawful activity count, and up to five years in federal prison on the investment adviser fraud count,” the feds say. More from Deadline Bad Bunny Concert Was Targeted By Mass Shooter, Feds Reveal In Indictment Trump Origin Story Flick 'The Apprentice' & Cannes Take Over ElectionLine Podcast; UK PM's Wet July 4 Vote Launch, GOP's FBI Assassination Conspiracies 'FBI' & 'Chicago Med' Set Mike Weiss & Allen MacDonald As New Showrunners The office of U.S. Attorney for Central California Martin Estrada expects McDonald to be moved down to LA within the next month. A perennial presence as an analyst on CNBC shows over t
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