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
- Baffert Reflects on Arrogate's Travers Romp
- Arrogate Blazes to Travers Record
- Cavorting to Distaff, Mohaymen Gets Time Off
- Arrogate's Romp Enhances Half Sister's Value
- Belvoir Bay Makes the Grade in Torrey Pines
- Love the Chase to Sell at F-T November
- Strike Charmer Bests Lady Eli in Ballston Spa
- War Front Gets 50th Black-Type Winner
- Nyquist Begins Work for Pennsylvania Derby
- Romero Rides First Winner at Indiana Grand