Crime & Safety
Northbrook CEO Faces Prison and Fines for Fraud Conviction
49-year old Eric Bloom of Northbrook, who is the CEO of Sentinel Management Group was convicted on 19 counts of defrauding investors out of $550 million on Tuesday, the Northbrook Star reports.
Eric Bloom, a Northbrook resident and CEO of Sentinel Management Group was convicted on all 19 counts for defrauding investors cumulatively of $550 million, according to the Northbrook Star.
The 49-year-old faces up to 20 years of prison for each of the 18 counts he was found guilty of, the article states, in addition to fines and five years for investment advisor fraud.
The Northbrook Star has more on this story.
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