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OTHER NEWS - Feb. 3, 1992

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From Times Staff and Wire Reports

Another $1 Million Seized From Wymer: Federal prosecutors said the latest assets seized from indicted investment manager Steven D. Wymer of Newport Beach were a $630,000 note on real estate; $227,000 from a Las Vegas bank account in the name of his wife, Ann Marie; $186,000 worth of furniture, and a 1986 Mercedes-Benz. The 43-year-old Wymer, accused of fraud involving $100 million in funds from cities and agencies nationwide, denies any wrongdoing. The latest seizure brings to more than $11 million the total taken from Wymer, who ran Denman & Co. and its successor, Institutional Treasury Management, which specialized in trading government securities for the accounts of small cities and government agencies.

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