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By Tammy Bruce
Topic - Gibraltar Asset Management Group
A Washington-area executive accused in a lawsuitof bilking millions of dollars from a charity founded more than 200 years ago by Dolley Madison is facing a lifetime ban from the securities industry.
When negotiating with the Hillcrest Children's Center to handle millions of dollars from the District-based nonprofit group's endowment, executives at Gibraltar Asset Management Group held themselves out to be responsible investment managers whose advisers included top faculty at Howard University, according to court records.