Investment firm founders face new fraud charges
Posted at: 10/11/2012 4:59 PM
By: WNYT Staff
ALBANY - The founders of the embattled Albany-based investment firm, McGinn and Smith now face new charges of fraud.
Timothy McGinn and David Smith were indicted on charges mail and wire fraud, securities fraud and filing a false income tax return.
The pair was originally indicted in January.
They're scheduled to go to trial next month.