WASHINGTON — Martin Kanefsky, the former owner and chief executive officer of a Great Neck, N.Y.-based firm that helped municipal issuers secure guaranteed investment contracts for their bond proceeds, pleaded guilty to participating in two separate fraud conspiracies as well as wire fraud, the Justice Department announced Thursday night.
Kanefsky also agreed to cooperate with the Justice Department’s ongoing antitrust probe of the muni market, according to court documents filed in the U.S. District Court for the Southern District of New York in Manhattan.
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