Prosecutors Seek Prison Time for Ex-Dealer Robert Newland for Orchestrating an $86 Million ‘Ponzi-Like Scheme’ With Inigo Philbrick

U.S. Department of Justice prosecutors are firing back at disgraced dealer Robert Newland, who pleaded guilty to collaborating with Inigo Philbrick to defraud collectors out of millions, rejecting his recent bid for leniency.  While the attorneys acknowledged that Newland was not “the instigator and driver” …

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