NEW YORK – A jury has convicted a former investment manager known as Wall Street’s “bad boy” in a $140 million scheme.

The verdict against Ross Mandell came Tuesday. The trial featured testimony about a hard-partying lifestyle by brokers during the dot-com boom of the late 1990s and early 2000s.

An attorney for the Brooklyn-born Mandell promised to appeal the verdict.

Prosecutors are asking that Mandell and a co-defendant who was convicted with him be jailed immediately. The judge said he’ll decide at a later date whether Mandell can remain free on bail.

Prosecutors portray Mandell and the co-defendant as con men.

Mandell has embraced his “bad boy” image. He says he over-indulged in fast-lane excesses before getting sober and becoming rich.

Similar Posts:

• Assets frozen of 3 firms accused of inside trades (AP)
• Stocks Going Ex Dividend the Fourth Week of June
• Stocks Going Ex Dividend the First Week of October
• Fed Earns $4.68B from AIG Investment Portfolio
• CapLease Yield Above 6%