SECURITIES
Money Manager to Plead Guilty: A Newport Beach investment manager accused of cheating governments out of $100 million will plead guilty to nine counts, help trace the losses and forfeit his own assets to the victims, his lawyer said. Steven D. Wymer believes that cooperating with authorities and the small agencies that trusted their money to him is the best thing for everyone, said attorney Mark Roberts. Wymer’s assets of $15 million, including luxury homes in Newport Beach, Manhattan, Florida and Sun Valley, Idaho, will go into a victims’ fund, Roberts said.
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