Crime Scene: Loudoun financial adviser scam; Gregory Cronin $6.7 million fraud; Gregory Cronin investment scam


Posted at 01:53 PM ET, 05/07/2010

Loudoun financial adviser admits to $6.7M investment fraud

A Loudoun County man pleaded guilty Friday in federal court to a scheme reminiscent of the scams launched by New York financier Bernard Madoff. Gregory Vincent Cronin, 49, of Lovettsville, defrauded his clients of more than $6.7 million they had given him to invest in blue chip stocks, federal authorities said.

By Tom Jackman  |  01:53 PM ET, 05/07/2010 |  Permalink  |  Comments ( 0)
Categories:  Loudoun, Loudoun, Loudoun, Loudoun | Tags:  Loudoun financial adviser scam; Gregory Cronin $6.7 million fraud; Gregory Cronin investment scam