Broker Challenges Return to Prison After Weeks at Halfway House - Cleveland 19 News Cleveland, OH

Broker Challenges Return to Prison After Weeks at Halfway House

CLEVELAND (AP) - A rogue broker who stole $125 million from investors is back behind bars.

But Frank Gruttadauria is challenging his return to prison and has a court hearing today in Cleveland.

Gruttadauria moved to a halfway house in late May where he experienced relative freedom. He was working a job and attended his son's graduation.

Then the evening of July third, sheriff's deputies picked Gruttadauria up on a court order and put him back in prison.

The 49-year-old former managing director at two of the biggest brokerage firms in Cleveland had been sentenced to seven years in federal prison in 2002.

The earliest Gruttadauria is supposed to be released from prison is March 10, 2008.

Powered by Frankly