Adviser pleads guilty to $18 million fraud scheme
Fred Elm of Elm Tree Investment Advisers claimed he could get investors access to pre-IPO shares of tech companies
The head of an investment firm who claimed to have access to shares in tech companies like Uber Inc. and Twitter Inc. ahead of their initial public offerings admitted swindling investors out of more than $18 million.
Fred Elm, 51, the founder of Fort Lauderdale, Fla.-based Elm Tree Investmen
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