Va. U.S. Attorney: Man Sentenced to Prison for $7 Million Options Trading Scheme
July 02, 2020
July 02, 2020
RICHMOND, Virginia, July 2 -- The U.S. Attorney for the Eastern District of Virginia, G. Zachary Terwilliger, issued the following news release:
A Richmond man was sentenced to over 10 years in prison for his execution of a $7 million investment fraud scheme he operated for nearly a decade.
According to court documents, Leonard J. Cipolla, 71, was the founder, owner, and operator of Tate Street Trading, Inc., in Richmond. Between 2009 and 2019, Cipolla solicited more th . . .
A Richmond man was sentenced to over 10 years in prison for his execution of a $7 million investment fraud scheme he operated for nearly a decade.
According to court documents, Leonard J. Cipolla, 71, was the founder, owner, and operator of Tate Street Trading, Inc., in Richmond. Between 2009 and 2019, Cipolla solicited more th . . .