Scammer Chip Skowron
Details |
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Name: | Chip Skowron |
Other Name: | |
Born: | 1968 |
whether Dead or Alive: | |
Age: | 52 |
Country: | Florida |
Occupation: | Software publisher, television personality, copier salesperson |
Criminal / Fraud / Scam Charges: | Conspiracy to engage in insider trading and obstruction of justice |
Criminal / Fraud / Scam Penalty: | Five years in prison followed by three years of supervised release; $5 million to be paid to the government; $2.7 million SEC penalty; restitution to be paid to Morgan Stanley for legal fees ($3.8 million) and 20% of his compensation ($6.4 million) |
Known For: |
Description :
Joseph F.Chip Skowron III (c. 1968) is an American former hedge fund co-portfolio manager of FrontPoint Partners LLC's health care funds. He was convicted of insider trading, for which he served five years in prison. He was also required to repay his hedge fund employer $32 million it had paid him in compensation, because he had been a faithless servant.