Tell me again why the barely there celebrity who once was married to a former A- list actress and also hooked up with lesser known sibling of a former Disney actress turned A- lister is headed to jail for a decade when every billionaire does the same exact thing when it comes to crypto and their own stocks.

AJ Discala

A- list actress: Jamie-Lynn Sigler

lesser known sibling: Haylie Duff (Hilary Duff)

Jamie-Lynn Sigler’s ex Abraxas Discala sentenced in $300M stock scheme

The ex-husband of HBO “Sopranos” star Jamie-Lynn Sigler has been sentenced to 11½ years in prison for orchestrating a $300 million pump-and-dump stock scheme, federal prosecutors said.

Abraxas Discala, Sigler’s former money manager who married her when she was 22, was slapped with the sentence in Brooklyn federal court on Wednesday, the US Attorney’s Office said.

Discala, 50, was also ordered to pay $2,484,873 in fines and will be expected to pay restitution, though the exact amount will be decided at a later date.

The CEO of now-defunct OmniView Capital Advisors was convicted in May 2018 of artificially inflating shares of unstable stocks and then selling them off to unwitting investors before the securities crashed, becoming nearly worthless.

“Discala conspired to manipulate trading activity in penny stocks in furtherance of a scheme to defraud the securities market and investing public of millions of dollars,” Breon Peace, US attorney for the Eastern District of New York, said in a statement. – Source


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