Maryland Man Sentenced for Securities Fraud and $129K Theft Scheme

https://img.particlenews.com/image.php?url=3joa4u_0wpV1oMF00

On Friday, Ansoumane Camara of Germantown, MD was sentenced to 18 months in prison for securities fraud and felony theft exceeding $100,000, after pleading guilty to defrauding a client of $129,966 through unregistered investment services; he was also ordered to repay the stolen amount and serve five years of probation.

According to the Maryland Attorney General’s Office, “Attorney General Anthony G. Brown announced today that Ansoumane Camara, 35, of Germantown, Maryland, was sentenced for securities fraud and a felony theft scheme exceeding $100,000 in connection with the offer and sale of investment advice. In July 2024, Camara pleaded guilty to the charges.

Judge Eric M. Johnson of the Circuit Court for Montgomery County sentenced Camara to 15 years of incarceration, suspending all but 18 months. Judge Johnson also ordered Camara to complete five years of probation upon his release and to repay $129,966 in restitution to his victim…

Story continues

YOU MIGHT ALSO LIKE

TRENDING ARTICLES