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Philadelphia stockbroker pleads guilty of fraud

Staff Writer

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Posted by Staff WriterJanuary 15, 2007 1:40 PM

Tags: Securities Fraud

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A report from The Philadelphia Inquirer reported last week that a stockbroker in suburban Philadelphia pleaded guilty in court to securities fraud.

Robert M. Montani, a compliance officer at Bryn Mawr Investment Group/Valley Forge Securities, admitted hiding money from the IRS, manipulating stock prices and skimming commissions. Montani may face 33 to 41 months in prison.

If you or someone you know has been a victim of suspected securities fraud, you may wish to contact an attorney to discuss the case. For a free evaluation, simply clilck on the form to the right of this page.

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