Thursday, March 26, 2009

Del Biaggio broker is charged

Federal prosecutors have charged a stockbroker with aiding fallen Silicon Valley financier William "Boots" Del Biaggio III with defrauding banks out of nearly $100 million in loans and guarantees.
In a criminal complaint and accompanying lawsuit, David Scott Cacchione is accused of improperly providing Del Biaggio with client account statements.

Washington Report: Property Valuation
Investor Report: Refinancings
Briefs: Healthways to settle lawsuit