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Former Employee Guilty of Defrauding Fidelity Investments.

Publication: Knight Ridder/Tribune Business News

Publication Date: 07-FEB-03
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COPYRIGHT 2003 Knight-Ridder/Tribune Business News

By Andrea L. Stape, Providence Journal, R.I. Knight Ridder/Tribune Business News

Feb. 7--PROVIDENCE, R.I.--A former Johnston resident and Fidelity Investments employee was convicted Wednesday of participating in a fraud scheme that cost Fidelity $2.39 million.

In U.S. District Court, Providence, a federal jury found Richard Callipari, 39, guilty of conspiracy, wire fraud and obstructing an investigation by the Securities & Exchange Commission.

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