WASHINGTON, July 28 -- The U.S. Department of Justice's Criminal Division issued the following news release:
Yaroslav Shilkloper, 50, a dual citizen of Ukraine and Israel, was sentenced today to four years in prison for his participation in a conspiracy that utilized a sophisticated phony brokerage-business to scam U.S. citizens out of millions of dollars. Shilkloper was also ordered to pay a $250,000 fine and $1.43 million in restitution to his victims.
According to court documents and statements made in court, Shilkloper and his co-conspirators defrauded victims in the United States of more than $3 million dollars by promising high rates of return on investments made through their "K6 Investing," "Neotron Holding LTD.," and "Goldex Tech...