Posted by: RICHARD PROCTOR | August 3, 2011

INVESTMENT HANDLER SENTENCED TO PRISON

 A St. Louis-area financial investment handler was sentenced Friday to eight years in federal prison and ordered to repay more than $4.3 million to often-elderly clients he bilked of money he spent on such things as trips to strip clubs in neighboring Illinois, jewelry and credit card bills.  Joshua Gould, 32, of University City, pleaded guilty in April along with David Rubin, 47, to federal wire-fraud counts alleging they embezzled about $1.5 million from a retired couple.

http://www.forbes.com/feeds/ap/2011/07/22/business-us-mo-investment-handlers-sentence_8579777.html


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