JP Morgan adviser charged with stealing $20m from clients

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A former JP Morgan investment adviser has been accused of stealing at least $20m from clients and using the money to trade on his own account and to pay off his mortgage.

Michael Oppenheim, who worked for the firm in New York, was arrested on 16 April and charged by the US Federal Bureau of Investigation (FBI) with wire fraud, embezzlement, and securities fraud, according...

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