May 8
2006

Richard Muñoz, Jr., of San Antonio, Texas, pled guilty on May 8, 2006, in the 379th Criminal District Court in Bexar County, Texas, Cause No. 2005 CR 3960 A, to misapplication of fiduciary property. On June 27, 2006, Muñoz was sentenced to 10 years in prison. Muñoz operated a securities day-trading scheme that resulted in investor losses of more than $200,000.