From today's SEC Digest:
INITIAL DECISION IN THE MATTER OF A.S. GOLDMEN & CO., INC., ET AL.
Following findings of federal securities law violations, Stuart E. Winkler and Charles Trento have been barred from association with a broker or dealer, ordered to cease and desist, and ordered to pay civil money penalties of $800,000 and $500,000, respectively. The initial decision by Chief Administrative Law Judge Brenda P. Murray occurred in an administrative proceeding begun in 1999, but held in abeyance pending resolution of parallel criminal proceedings in the New York State Supreme Court against Mr. Winkler, Mr. Trento, and seven other respondents. Mr. Winkler, who had supervised operations of A.S. Goldmen & Co., Inc., pled guilty in the state court to the crime of enterprise corruption and is serving consecutive sentences of eight and one-third to twenty five years for criminal conspiracy to murder the trial judge and three to nine years for enterprise corruption. Mr. Trento, who had been a sales person at A.S. Goldmen, was found guilty by a jury following a six-month jury trial of enterprise corruption, fifteen counts of securities fraud, and twenty counts of falsifying business records. See New York v. A.S. Goldmen & Co., Inc., Indictment No. 4772/99 (N.Y. Sup. Ct., N.Y. County Crim., Term). The Court ordered Mr. Trento to pay restitution of $1,354,000 and to serve a maximum prison sentence of four to twelve years. (Initial Decision No. 231; File No. 3- 9933)
sec.gov |
