Friday, 21 June 2013

Internet News: Fund manager gets 11 years for Facebook, Groupon shares scam

NEW YORK (Reuters) - Former fund manager John Mattera was sentenced to 11 years in prison on Friday, after pleading guilty of defrauding investors of $13 million with a story that he put their money in Facebook Inc and Groupon Inc shares before the companies went public.

Read the full story at Fund manager gets 11 years for Facebook, Groupon shares scam on the Reuters website.

Please note this was posted automatically by IFTTT.com. I am trialling their automated posts so I can write a review.

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