A former Merrill Lynch broker is out one red Ferrari.

Steven Mandala was sentenced yesterday to two to six years in prison and ordered to pay more than $360,000 in restitution in connection to lying about his background and using his sign-on money to buy the sports car.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access