A Southern California insurance broker who overcharged Tom Hanks and his wife,
Rita Wilson, hundreds of thousands of dollars has been sentenced to more than two years in federal prison.
Wedbush Securities and one of its former brokers to pay $2.9 million in damages and
fees to an elderly investor who allegedly fell victim to a faulty investment scheme.
When a judge ordered former NAPFA Chairman Mark Spangler taken directly into custody Thursday, the once-prominent investment advisor looked stunned, says one of the U.S. prosecutors on the case.