Ex-Islanders owner admits investment fraud
Stephen Walsh entered the plea Friday in Manhattan federal court, admitting to making hundreds of millions of dollars worth of illegal wire transfers from 1996 to 2009.
View ArticleEx-Islanders co-owner may try to withdraw plea
Stephen Walsh may try to withdraw his guilty plea after a judge said Wednesday she plans to sentence him to 20 years in prison for participating in a $50M fraud.
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