Close Close

Regulation and Compliance > Federal Regulation

Frankel Pleads Guilty

Your article was successfully shared with the contacts you provided.

NU Online News Service, May 15, 6:33 p.m. – Martin Frankel, a jailed financier accused of bilking seven life insurers of more than $200 million, today pleaded guilty to 24 federal counts of wrongdoing at the U.S. District Court in New Haven, Conn.

The charges included conspiracy, racketeering and wire fraud, according to federal officials.