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Asset Manager Sentenced to Two Years in Prison in $5 Million Fraud Scheme (Federal Bureau ...

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(Source: Federal Bureau of Investigation - Baltimore Field Office) GREENBELT, MD-U.S. District Judge Theodore D. Chuang sentenced Max Wagenblast, age 35, of Arlington, Virginia, late on November 9, 2015, to two years in prison, followed by three years of supervised release, for wire fraud in connection with a scheme to steal over $5 million from his company. Judge Chuang also ordered Wagenblast to pay a fine of $25,000. The sentence was announced by United States Attorney for the District of Maryland Rod J. Rosenstein and Special Agent in Charge Kevin Perkins of the Federal Bureau of Investigation. According to the his plea, Wagenblast was employed as an asset manager for a...

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