Investment Manager Guilty in White Collar Crime

A former Worcester based investment manager was found guilty in Worcester of cheating investors out of approximately 13 million dollars A jury in Worcester found Amit Mathur guilty on twenty counts of fraud after less than three hours of deliberating. According to the Boston Herald,

Federal prosecutors accused Mathur of cheating investors in his former company, Entrust Capital Management, out of about $13 million from 2001 to 2005. Investigators said Mathur used the money to cover trading losses as well as personal expenses for items such as jewelry and a Porsche sport utility vehicle.

Click here for the Boston Herald.
White collar crimes are crimes committed by businessmen or women. They are usually very intense case where people are accused of stealing money not by violence but rather by fraud. Embezzlement, false pretenses, and fraud are common white collar crime.
If you or someone you know has been charged with a white collar crime contact Boston Criminal Attorney Patrick Donovan today.