{"id":1264,"date":"2013-06-07T13:13:21","date_gmt":"2013-06-07T13:13:21","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2013\/06\/securities_criminal_roundup_ma"},"modified":"2022-03-10T16:36:42","modified_gmt":"2022-03-10T22:36:42","slug":"securities-criminal-roundup-ma","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/securities-criminal-roundup-ma\/","title":{"rendered":"Securities Criminal Roundup: Mail Fraud Charges Against Investment Company Owner, Ex-Bank of the Commonwealth Execs Convicted, Broker\u2019s Elder Financial Fraud Sentence is Affirmed, and Ex-Fund President Goes to Prison for Ponzi Scam"},"content":{"rendered":"

\t\t\t\tFlatiron Systems LLC Owner Pleads Guilty to Mail Fraud <\/strong><\/p>\n

In United States v. Howard<\/em>, investment company owner David Eugene Howard has pleaded guilty to mail fraud charges<\/a>. He is accused of engaging in a financial scam that obtained about $1.8 million from investors. <\/p>\n

Prosecutors say that Howard, who owns Flatiron Systems, used operating agreements, letters, and account statements to make false representations that his company used a proprietary system named “Pathfinder” to trade pooled equity accounts. The Securities and Exchange Commission has submitted an enforcement action against Howard.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Flatiron Systems LLC Owner Pleads Guilty to Mail Fraud In United States v. Howard, investment company owner David Eugene Howard has pleaded guilty to mail fraud charges. He is accused of engaging in a financial scam that obtained about $1.8 million from investors. Prosecutors say that Howard, who owns Flatiron Systems, used operating agreements, letters, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3752,3754,3792],"tags":[],"class_list":["post-1264","post","type-post","status-publish","format-standard","hentry","category-financial-firms","category-goldman-sachs-1","category-ponzi-scams"],"yoast_head":"\nSecurities Criminal Roundup: Mail Fraud Charges Against Investment Company Owner, Ex-Bank of the Commonwealth Execs Convicted, Broker\u2019s Elder Financial Fraud Sentence is Affirmed, and Ex-Fund President Goes to Prison for Ponzi Scam — Investor Lawyers Blog — June 7, 2013<\/title>\n<meta name=\"description\" content=\"Flatiron Systems LLC Owner Pleads Guilty to Mail Fraud In United States v. 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