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Monday, nov 4
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Investment Advisor
Police & Fire
Accountant Busted Boarding Plane At Newark Airport Admits Stealing $3.5M From Clients: Feds
A Massachusetts money manager who police arrested last month at Newark International Airport trying to escape prosecution admitted to stealing $3.5 million from his clients, including the entire life savings of an elderly couple, federal authorities said. Steven Xigoros, 55, pleaded guilty in a Boston court this week to two counts of wire fraud, one count of aggravated identity theft, and one count of filing a false tax return, the US Attorney for Massachusetts said. Xigoros worked as an accountant, tax preparer, and investment advisor who federal investigators said used th…