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Thursday, jun 13
Tag:
Douglas Castle
News
Hudson Valley Consulting Firm Owner Sentenced For Fraud
The owner of a consulting firm in Westchester is heading back to prison for more than four years after admitting to defrauding investors out of nearly a million dollars. Somers resident Douglas Castle, who already served time in prison for bilking investors in 2003, has been sentenced to 50 months behind bars after pleading guilty to wire fraud on July 26 in White Plains federal court. On June 25, 2003, Castle was sentenced in federal court to 34 months in prison and three years of supervised release for his conviction on an investment fraud scheme that caused investor losses of over $1.2 m…