Commonwealth v. DoVale

Odon “Danny” DoVale was convicted by a jury of *658participation in a sham currency trading operation, London & Global Group, Inc. (L&G), that diverted into the hands of L&G’s principal officers money that customers had paid into their L&G accounts. Specifically, the indictments on which the jury returned verdicts of guilty against DoVale were (1) larceny of property worth more than $250 (G. L. c. 266, § 30); (2) securities fraud (G. L. c. 110A, § 101); (3) wilfully overstating a company’s assets with intent to defraud (G. L. c. 266, § 92); and (4) keeping a “bucket shop” or engaging in…