- Associated Press - Friday, June 10, 2016

NEW YORK (AP) - A man who pleaded guilty to stealing tens of thousands of dollars in an international securities scheme will spend three to nine years in a New York prison.

Manhattan District Attorney Cyrus R. Vance Jr. announced the sentence Thursday for Theodore Werner of Las Vegas, Nevada. He pleaded guilty in April to grand larceny, money laundering and scheme to defraud.

He was brought to the U.S. for prosecution after his arrest in Thailand.

Prosecutors say he posed as a securities broker, U.S. regulator and an attorney.

Victims in New Zealand, Australia and elsewhere were contacted by phone and email. They were persuaded to wire money to foreign banks, including several based in the U.S.

Prosecutors say Werner and co-conspirators then withdrew the funds from the banks.



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