interactive.wsj.com
June 18, 2001
Ex-Finance Chief of A.S. Goldmen Receives
Sentence in $100 Million Stock-Fraud Case
Associated Press
NEW YORK -- A stock swindler, already serving 25 years for plotting to
kill a judge, was sentenced Monday to three to nine more years behind
bars for his role in a $100 million securities scam.
Stuart Winkler, 49, former chief financial
officer of A.S. Goldmen & Co., pleaded guilty
to enterprise corruption.
Mr. Winkler was among 33 Goldmen
employees accused of bilking thousands of
clients through unauthorized trading and
forgery. He must repay $3 million.
In December, Mr. Winkler was convicted of offering a fellow inmate
$50,000 to kill state Supreme Court Justice Leslie Crocker Snyder, who
was hearing the fraud case. He said he wanted her dead because she
wouldn't set affordable bail. The inmate recorded Mr. Winkler.
A different judge sentenced Mr. Winkler on Monday.
The original indictments alleged that Goldmen, based in Naples, Fla., and
the individual defendants cheated investors by lying, trading without
authorization, forging, ignoring sell orders and stealing.
Some investors, most of them elderly, were persuaded to get as much cash
as possible through their credit cards or from retirement accounts to invest
with Goldmen. Virtually all of that money was lost.
KJC |
