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  • Embattled New York adviser Lisa Schiff pleads guilty to defrauding clients out of $6.5m


    Embattled New York adviser Lisa Schiff pleads guilty to defrauding clients out of $6.5m

    Embattled New York adviser Lisa Schiff pleads guilty to defrauding clients out of $6.5m

    “Lisa Schiff attempted to paint a picture of a successful fine-art advisory business, when in reality—as she admitted today—it was actually a multimillion-dollar fraudulent scheme,” the FBI’s James E. Dennehy said in a statement.