7/17/2012

Wife Of Convicted Ex-Credit Suisse Broker Seeks Assets

 

Wife Of Convicted Ex-Credit Suisse Broker Seeks Assets

By Christie Smythe - Jul 17, 2012 6:06 PM 

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The wife of Eric Butler, a former Credit Suisse Group AG (CSGN) broker convicted in a $1 billion fraud, is protesting the government’s efforts to take over joint assets, according to a federal court filing.

Elizabeth Butler objected today to a recommendation that the proceeds of joint accounts go to the government to satisfy a $5 million fine and $250,000 forfeiture order. Eric Butler began serving a five-year sentence in September for crimes associated with misleading clients about securities investments.

 

Read more: http://www.bloomberg.com/news/2012-07-17/wife-of-convicted-ex-credit-suisse-broker-seeks-assets.html

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