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Feds accuse Pound Ridge man of $20 million securities fraud

The money allegedly disappeared in bad trades and on personal expenses of more than $500,000 a year.

State’s top federal prosecutor to resign

David B. Fein, a U.S. Attorney for the District of Connecticut, announced his resignation April 30 with the intention of returning to the private sector.

Former Stamford trader pleads guilty to fraud, conspiracy charges

A former trader with Stamford-based Rochdale Securities L.L.C. pleaded guilty to fraud and conspiracy charges yesterday in connection with a stock purchase that ultimately led the brokerage firm to cease operations.

Former Westport fund executive sentenced

Darrin Foster, the former CFO of a Westport hedge fund, was sentenced to 41 months in prison for embezzling more than $1 million from his employer, according to the U.S. Attorney for Connecticut.