Indictment Accuses Long Island, N.Y., Brokerage Firm of Fraud. (13-MAR-01) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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Indictment Accuses Long Island, N.Y., Brokerage Firm of Fraud.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 13-MAR-01

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Byline: Robert Gearty

Mar. 13--Thousands of investors fell prey to a corrupt Long Island brokerage firm that allegedly scammed its clients out of $18 million, federal prosecutors charged yesterday.

An indictment unsealed in Manhattan federal court accuses 23 brokers at the Melville, L.I., office of Investors Associates of securities...

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