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Lawrence Isen

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Broker Sentenced In Suffolk ‘Boiler Room’ Scheme That Defrauded Elderly Out Of Millions Broker Sentenced In Suffolk ‘Boiler Room’ Scheme That Defrauded Elderly Out Of Millions
Broker Sentenced In Suffolk ‘Boiler Room’ Scheme That Defrauded Elderly Out Of Millions A former stockbroker is heading to federal prison for his role in a massive fraud scheme based on Long Island that swindled elderly victims out of millions of dollars. Lawrence Isen, age 69, of California, was sentenced to five years behind bars in federal court in Central Islip Friday, Jan. 6. Earlier Report: Former Broker Sentenced In LI 'Boiler Room' Fraud Scheme That Cost Elderly Victims Millions It followed his March 2020 jury conviction on multiple charges, including conspiracy to commit securities fraud, conspiracy to commit wire fraud, and money laundering. Federal prosecut…

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by Michael Mashburn
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Former Broker Sentenced In LI 'Boiler Room' Fraud Scheme That Cost Elderly Victims Millions Former Broker Sentenced In LI 'Boiler Room' Fraud Scheme That Cost Elderly Victims Millions
Former Broker Sentenced In LI 'Boiler Room' Fraud Scheme That Cost Elderly Victims Millions A former stockbroker is heading to federal prison for his role in a massive fraud scheme based on Long Island that swindled elderly victims out of millions of dollars. Jeffrey Chartier, age 59, of Florida, was sentenced to 10 years behind bars in federal court in Central Islip Thursday, Dec. 1. It followed his March 2020 jury conviction on multiple charges, including conspiracy to commit securities fraud, conspiracy to commit wire fraud, and money laundering. Federal prosecutors said between 2014 and 2016, Chartier and others worked with a Melville-based “boiler room” to artificially infla…

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by Michael Mashburn