Former Aequitas executives receive hefty prison sentences for fraud

The former Aequitas Capital Management executives were found guilty in May for their roles in one of Oregon’s largest investor fraud cases.

OREGON, USA — A federal judge on Thursday sentenced three former Aequitas Capital Management executives to prison for their roles in one of Oregon’s largest investor fraud cases.

Former Aequitas Chief Executive Robert Jesenik received the longest sentence of the men, at 14 years. Former Chief Compliance Officer Andrew MacRitchie was sentenced to five years and 10 months while former Executive Vice President Brian Rice received 37 months.

Jesenik must pay about $1.5 million in restitution while MacRitchie must pay $689,662. Rice was ordered

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