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Former CNBC Analyst To Admit Conning Investors Out Of Nearly $3 Million - Nemos News Network

Summary by Zero Hedge
Authored by Jill McLaughlin via The Epoch Times (emphasis ours), Former CNBC financial analyst James Arthur McDonald faces decades behind bars after defrauding investors out of at least $2.7 million, the U.S. Department of Justice (DOJ) announced Feb. 19. James Arthur McDonald, Jr., pleaded guilty to bilking investors out of at least $2.7 million. FBI […]

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The Epoch TimesThe Epoch Times

Former CNBC Analyst to Admit Conning Investors Out of Nearly $3 Million

Former CNBC financial analyst James Arthur McDonald faces decades behind bars after defrauding investors out of at least $2.7 million, the U.S. Department of Justice (DOJ) announced Feb. 19. McDonald, 53, a former resident of Arcadia, Calif., agreed to plead guilty to one count of securities fraud, a felony that carries a statutory maximum sentence of 20 years in federal prison. “This defendant was entrusted by his clients to care for their mone…

·New York, United States
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Zero HedgeZero Hedge

Former CNBC Analyst To Admit Conning Investors Out Of Nearly $3 Million - Nemos News Network

Authored by Jill McLaughlin via The Epoch Times (emphasis ours), Former CNBC financial analyst James Arthur McDonald faces decades behind bars after defrauding investors out of at least $2.7 million, the U.S. Department of Justice (DOJ) announced Feb. 19. James Arthur McDonald, Jr., pleaded guilty to bilking investors out of at least $2.7 million. FBI […]

·United States
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altnews.orgaltnews.org

Former CNBC Analyst To Admit Conning Investors Out Of Nearly $3 Million – altnews.org

Authored by Jill McLaughlin via The Epoch Times (emphasis ours), Former CNBC financial analyst James Arthur McDonald faces decades behind

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wealthmanagement.comwealthmanagement.com

Advisor, CNBC Analyst Pleads Guilty To Conning Clients

James Arthur McDonald was arrested in June 2024 after more than two years on the run from law enforcement. The Justice Department accused him of defrauding clients of at least $2.7 million.

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wealthmanagement.com broke the news in on Thursday, February 20, 2025.
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