VIP: What does pleading guilty to running...
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VIP: What does pleading guilty to running a $100-million fraud scheme get you? An invitation to Washington. . . . Steven D. Wymer, the onetime Newport Beach investment manager, testifies today before a House Energy and Commerce subcommittee on the need for more stringent regulation of investment advisers (D5). Wymer’s firm took scores of small governments, including Orange, to the cleaners, handling as much as $1.2 billion of their investments. . . . He’s due for sentencing March 31 in L.A.
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