OTHER NEWS - Aug. 21, 1992
From Times Staff and Wire Reports
Former Merrill Lynch Analyst Indicted: A former junk bond analyst at Merrill Lynch & Co. and his college friend were indicted in an alleged insider trading scheme that netted more than $1 million. Edward L. Scherer, 32, of Houston, and Ellis J. Strelitz, 31, a furniture company executive from Virginia, were charged with conspiracy, wire fraud and commercial bribery.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
