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Monday, May 1, 2023

Ex-CFO Gets 3 Years Prison for Stealing From SPACs to Trade Meme Stocks, Crypto

A former chief financial officer of multiple special purpose acquisition companies (SPACs) was sentenced to three years in prison for embezzling more than $5 million from them, and losing almost all of it trading meme stocks and cryptocurrencies. Cooper Morgenthau, …

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