Weymouth man ordered to forfeit over M in stock market conspiracy

On Wednesday, a Weymouth man was ordered to forfeit over $7 million in illicit proceeds from his role in a New York Stock Exchange and NASDAQ consp...

December 2, 2022
7:44 PM

On Wednesday, a Weymouth man was ordered to forfeit over $7 million in illicit proceeds from his role in a New York Stock Exchange and NASDAQ conspiracy to defraud millions.Jiali Wang, 44-year-old Weymouth man, was sentenced to three months time served in prison and nine months of home detention by a U.S. Senior District Court Judge. Wang was also ordered to forfeit $7.75 million in illicit proceeds after pleading guilty to one count of conspiracy to commit securities fraud on Aug. 5, according to U.

Tristan Smith