Former Thoroughbred owner Gary Tanaka was sentenced to five years in prison for securities fraud while he helped run Amerindo Investment Advisors.
Thoroughbred owner Gary Tanaka still awaits sentencing after his November 2008 conviction on three of 12 charges of securities fraud.
Thoroughbred owner Gary Tanaka was found guilty in federal court of three counts of conspiracy, securities fraud, and investment adviser fraud Nov. 19.
The federal government's investor fraud case against prominent Thoroughbred owner Gary Tanaka goes to trial Sept. 22 in New York, nearly 3 1/2 years after his arrest in 2005.
Prominent Thoroughbred owner Gary Tanaka and business partner Alberto Vilar pleaded not guilty to wire fraud and other charges added to a new federal indictment alleging the pair defrauded customers of millions of dollars through their company, Amerindo Investment Advisors, Inc.
The Securities and Exchange Commission, in a lawsuit filed in federal court in New York City, has asked a judge to appoint a temporary receiver for Amerindo Investment Advisors, the company founded by Alberto Vilar and Thoroughbred owner Gary Tanaka.
Most Popular Stories
- Nyquist's BC Work Less Than Ideal
- California Chrome 'Fit' for BC After Work
- Living The Life Retired, Won't Run in BC
- Beholder, Frosted Drill at Santa Anita
- Rachel Alexandra Breeder Morrison dies
- Cool Arrow On Target for First Spendthrift
- Breeders' Cup Pre-Entries Total 185
- Songbird Logs Final Breeze for Distaff
- Charismatic Moving to Old Friends
- Breeders' Cup Pre-Entries Count 27 OBS Grads